Chinatrust Bank Sriperumbudur Sriperumbudur Tamil Nadu MICR CODE

Find MICR Codes for Chinatrust Bank Sriperumbudur Sriperumbudur Tamil Nadu

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MICR Code
Bank Chinatrust Commercial Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sriperumbudur Branch
Contact 66227777
Bank Details Chinatrust Commercial Bank Sriperumbudur Branch CTCB0000003
Location Sriperumbudur, Sriperumbudur
City Sriperumbudur
District Sriperumbudur
State Tamil Nadu
Pincode 602105
Country IN
Address Sriperumbudur branch (chennai), plot no 42 (old no 105), chennai bangalore highway ? nh4, sriperumbudur, kancheepuram, district tamil nadu - 602105.
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 0 for Sriperumbudur Branch 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 0 of Chinatrust Commercial Bank, Sriperumbudur Branch branch makes the system almost error free and faster. Use of Chinatrust Commercial Bank MICR codes for Sriperumbudur Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Chinatrust Commercial Bank are available with micr code -

>>Sriperumbudur Branch

MICR code for Chinatrust Bank Sriperumbudur Branch

Chinatrust Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Chinatrust Commercial Bank MICR code for Sriperumbudur Branch 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. 0 is the MICR code of CTCB for Sriperumbudur Branch branch. MICR code for Sriperumbudur Branch 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 Chinatrust Commercial Bank Sriperumbudur Branch is presented in the table alongside.

Use of Chinatrust Commercial Bank MICR code for Sriperumbudur Branch branch in sriperumbudur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sriperumbudur Branch and Chinatrust Commercial Bank 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 CTCB is typically in either of these two font’s: E-138 and CMC-7.

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