Citibank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for Citibank Chennai Chennai Tamil Nadu

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MICR Code
Bank Citibank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chennai
Contact 022-40005706/022-40005922/022-28446390/022-40015618
Bank Details Citibank Chennai CITI0000003
Location Chennai, Chennai
City Chennai
District Chennai
State Tamil Nadu
Pincode 600002
Country IN
Address No. 2, club house road, chennai - 600002
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 600037002 for Chennai 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 600037002 of City Bank, Chennai branch makes the system almost error free and faster. Use of City Bank MICR codes for Chennai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Citibank are available with micr code -

>>Chennai

MICR code for Citibank Chennai

Citibank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. City Bank MICR code for Chennai 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. 600037002 is the MICR code of Citibank India for Chennai branch. MICR code for Chennai 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 City Bank Chennai is presented in the table alongside.

Use of City Bank MICR code for Chennai branch in chennai

The MICR code 600037002 is used in RBI cheque clearing process to identify the branch Chennai and City 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 Citibank India is typically in either of these two font’s: E-138 and CMC-7.

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