Corporation Bank Velacherry Chennai Tamil Nadu MICR CODE

Find MICR Codes for Corporation Bank Velacherry 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 Gurunanak College Velacherry Chennai
Contact 044-22554040
Bank Details Corporation Bank Gurunanak College Velacherry Chennai CORP0002109
Location Velacherry, Chennai
City Velacherry
District Chennai
State Tamil Nadu
Pincode 600042
Country IN
Address Gurunanak college, velacherry, chennai600 042
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 600017025 for Gurunanak College Velacherry 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 600017025 of Corp Bank, Gurunanak College Velacherry Chennai branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Gurunanak College Velacherry Chennai 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 -

>>Gurunanak College Velacherry Chennai

MICR code for Corporation Bank Gurunanak College Velacherry Chennai

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 Gurunanak College Velacherry 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. 600017025 is the MICR code of Corporation Bank for Gurunanak College Velacherry Chennai branch. MICR code for Gurunanak College Velacherry 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 Corp Bank Gurunanak College Velacherry Chennai is presented in the table alongside.

Use of Corp Bank MICR code for Gurunanak College Velacherry Chennai branch in velacherry

The MICR code 600017025 is used in RBI cheque clearing process to identify the branch Gurunanak College Velacherry Chennai 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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