Corporation Bank Anthiyur Erode Tamil Nadu MICR CODE

Find MICR Codes for Corporation Bank Anthiyur Erode Tamil Nadu

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MICR Code
Bank Corporation Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Anthiyur
Contact 9443547703
Bank Details Corporation Bank Anthiyur CORP0001898
Location Anthiyur, Erode
City Anthiyur
District Erode
State Tamil Nadu
Pincode 638501
Country IN
Address 1st floor,ks complex,bhavani main road,anthiyur-638501, 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 0 for Anthiyur 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 Corp Bank, Anthiyur branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Anthiyur branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Anthiyur

MICR code for Corporation Bank Anthiyur

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 Anthiyur 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 Corporation Bank for Anthiyur branch. MICR code for Anthiyur 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 Anthiyur is presented in the table alongside.

Use of Corp Bank MICR code for Anthiyur branch in anthiyur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Anthiyur 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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