Corporation Bank Palayamkottai Tirunelveli Tamil Nadu MICR CODE

Find MICR Codes for Corporation Bank Palayamkottai Tirunelveli Tamil Nadu

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MICR Code	627017004
Bank	Corporation Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ams Palayamkottai
Contact	0462-2584350
Bank Details	Corporation Bank Ams Palayamkottai CORP0002101

Location	Palayamkottai, Tirunelveli
City	Palayamkottai
District	Tirunelveli
State	Tamil Nadu
Pincode	627002
Country	IN
Address	Angelo matriculatin school, brothers of the sacred heart, 9h, high gournd road, palayamkottai

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 627017004 for Ams Palayamkottai 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 627017004 of Corp Bank, Ams Palayamkottai branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Ams Palayamkottai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Corporation Bank are available with micr code -

>>Ams Palayamkottai >>Palayamkottai

MICR code for Corporation Bank Ams Palayamkottai

Corporation Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Corp Bank MICR code for Ams Palayamkottai 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. 627017004 is the MICR code of Corporation Bank for Ams Palayamkottai branch. MICR code for Ams Palayamkottai 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 Corp Bank Ams Palayamkottai is presented in the table alongside.

Use of Corp Bank MICR code for Ams Palayamkottai branch in palayamkottai

The MICR code 627017004 is used in RBI cheque clearing process to identify the branch Ams Palayamkottai and Corp 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 Corporation Bank is typically in either of these two font’s: E-138 and CMC-7.

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