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 Kellys Corner
Contact 044-26412272,26427191
Bank Details Corporation Bank Chennai Kellys Corner CORP0000123
Location Chennai, Chennai
City Chennai
District Chennai
State Tamil Nadu
Pincode 600010
Country IN
Address 12, ormes road, kilpauk, chennai - 600010
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 600017004 for Chennai Kellys Corner 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 600017004 of Corp Bank, Chennai Kellys Corner branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Chennai Kellys Corner branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Corporation Bank Chennai Kellys Corner

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 Kellys Corner 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. 600017004 is the MICR code of Corporation Bank for Chennai Kellys Corner branch. MICR code for Chennai Kellys Corner 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 Kellys Corner is presented in the table alongside.

Use of Corp Bank MICR code for Chennai Kellys Corner branch in chennai

The MICR code 600017004 is used in RBI cheque clearing process to identify the branch Chennai Kellys Corner 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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