Corporation Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for Corporation Bank Chennai Chennai Tamil Nadu

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MICR Code
Bank Corporation Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chennai Anna Nagar
Contact 044-26269162,26206639
Bank Details Corporation Bank Chennai Anna Nagar CORP0000487
Location Chennai, Chennai
City Chennai
District Chennai
State Tamil Nadu
Pincode 600040
Country IN
Address Block aa, 144 iii avenue, anna nagar, chennai - 600040
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 600017009 for Chennai Anna Nagar 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 600017009 of Corp Bank, Chennai Anna Nagar branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Chennai Anna Nagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Corporation Bank Chennai Anna Nagar

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 Chennai Anna Nagar 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. 600017009 is the MICR code of Corporation Bank for Chennai Anna Nagar branch. MICR code for Chennai Anna Nagar 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 Chennai Anna Nagar is presented in the table alongside.

Use of Corp Bank MICR code for Chennai Anna Nagar branch in chennai

The MICR code 600017009 is used in RBI cheque clearing process to identify the branch Chennai Anna Nagar 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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