Woori Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for Woori Bank Chennai Chennai Tamil Nadu

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State
District
City
Branch
Address

MICR Code	-NA-
Bank	Woori Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Rtgsho
Contact	44-33466900
Bank Details	Woori Bank Rtgsho HVBK0NEFTSC

Location	Chennai, Chennai
City	Chennai
District	Chennai
State	Tamil Nadu
Pincode	600096
Country	IN
Address	2nd floor, lotte india, no 4/169, rajiv gandhi salai, kandhanchavadi, perungudi taluk, chennai - 600096

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 0 for Rtgsho 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 0 of Woori Bank, Rtgsho branch makes the system almost error free and faster. Use of Woori Bank MICR codes for Rtgsho branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Chennai Branch >>Rtgsho

MICR code for Woori Bank Rtgsho

Woori Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Woori Bank MICR code for Rtgsho 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. 0 is the MICR code of Woori Bank for Rtgsho branch. MICR code for Rtgsho 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 Woori Bank Rtgsho is presented in the table alongside.

Use of Woori Bank MICR code for Rtgsho branch in chennai

The MICR code 0 is used in RBI cheque clearing process to identify the branch Rtgsho and Woori 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 Woori Bank is typically in either of these two font’s: E-138 and CMC-7.

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