Corporation Bank Chennai Kancheepuram Tamil Nadu MICR CODE

Find MICR Codes for Corporation Bank Chennai Kancheepuram Tamil Nadu

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MICR Code
Bank Corporation Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sholinganallur
Contact 044- 24502465 & 24502464
Bank Details Corporation Bank Sholinganallur CORP0001135
Location Chennai, Kancheepuram
City Chennai
District Kancheepuram
State Tamil Nadu
Pincode 600119
Country IN
Address 21a, sathyiavani muthu street, ist avenue. Parameswara nagar, sholinganallur, chennai - 600119
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 600017033 for Sholinganallur 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 600017033 of Corp Bank, Sholinganallur branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Sholinganallur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Corporation Bank are available with micr code -

>>Medavakkam >>Sholinganallur

MICR code for Corporation Bank Sholinganallur

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 Sholinganallur 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. 600017033 is the MICR code of Corporation Bank for Sholinganallur branch. MICR code for Sholinganallur 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 Sholinganallur is presented in the table alongside.

Use of Corp Bank MICR code for Sholinganallur branch in chennai

The MICR code 600017033 is used in RBI cheque clearing process to identify the branch Sholinganallur 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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