Corporation Bank Madhavaram Thiruvallur Tamil Nadu MICR CODE

Find MICR Codes for Corporation Bank Madhavaram Thiruvallur Tamil Nadu

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MICR Code
Bank Corporation Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Madhavaram
Contact 44-65152777
Bank Details Corporation Bank Madhavaram CORP0001963
Location Madhavaram, Thiruvallur
City Madhavaram
District Thiruvallur
State Tamil Nadu
Pincode 600060
Country IN
Address Survey no:504, 504/4, 100 feet ring road, madhavaram, chennai-600060, 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.

Search Corporation Bank MICR Codes in thiruvallur

You can search through MICR Codes of Tamil Nadu branches in madhavaram of District thiruvallur in Tamil Nadu State by using the search box or you can browse through the table using the conrols at the bottom.

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

>>Madhavaram

How to find MICR codes for Corporation Bank in madhavaram?

Corporation Bank madhavaram MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Corp Bank MICR codes list for madhavaram, one can further search by branch name specified in the table. You can find MICR codes for all Corporation Bank madhavaram branches.

Corp Bank MICR code in madhavaram

Corporation Bank MICR code is a character recognition technology used by banks in the processing of cheques. Corp Bank MICR code for madhavaram branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Corporation Bank branches in madhavaram, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Corporation Bank MICR code for madhavaram branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Corporation Bank madhavaram branch, sprinted 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. Thus MICR code for Corp Bank madhavaram branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Corporation Bank MICR codes for madhavaram branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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