Central Bank Salem Salem Tamil Nadu MICR CODE

Find MICR Codes for Central Bank Salem Salem Tamil Nadu

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MICR Code
Bank Central Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Salem Main
Contact
Bank Details Central Bank Of India Salem Main CBIN0280903
Location Salem, Salem
City Salem
District Salem
State Tamil Nadu
Pincode 636002
Country IN
Address 64-67, fort main road, salem 636 002 tamilnadu
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 636016002 for Salem Main branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 636016002 of Central Bank Of India, Salem Main branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Salem Main branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Central Bank Of India are available with micr code -

>>Agragaram Road >>Five Roads >>Salem Main

MICR code for Central Bank Salem Main

Central Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Central Bank Of India MICR code for Salem Main is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 636016002 is the MICR code of Central Bank India for Salem Main branch. MICR code for Salem Main branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Central Bank Of India Salem Main is presented in the table alongside.

Use of Central Bank Of India MICR code for Salem Main branch in salem

The MICR code 636016002 is used in RBI cheque clearing process to identify the branch Salem Main and Central Bank Of India bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Central Bank India is typically in either of these two font’s: E-138 and CMC-7.

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