Corporation Bank Coimbatore Coimbotore Tamil Nadu MICR CODE

Find MICR Codes for Corporation Bank Coimbatore Coimbotore Tamil Nadu

Bank
State
District
City
Branch
Address

MICR Code	641017001
Bank	Corporation Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Coimbatore Caps
Contact	0422230789
Bank Details	Corporation Bank Coimbatore Caps CORP0000518

Location	Coimbatore, Coimbotore
City	Coimbatore
District	Coimbotore
State	Tamil Nadu
Pincode	230789
Country	IN
Address	Caps branch,,caps branch,,indian airlines building (ph 0422_ 230789),coimbatore

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 641017001 for Coimbatore Caps 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 641017001 of Corp Bank, Coimbatore Caps branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Coimbatore Caps branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Corporation Bank are available with micr code -

>>Coimbatore Agri.Fin. Br >>Coimbatore Caps >>Coimbatore Gknm >>Coimbatore I.F.B >>Coimbatore Main >>Coimbatore R.S. Puram >>Coimbatore Sathy Road >>Coimbatore Velandipalayam

MICR code for Corporation Bank Coimbatore Caps

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 Coimbatore Caps 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. 641017001 is the MICR code of Corporation Bank for Coimbatore Caps branch. MICR code for Coimbatore Caps 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 Coimbatore Caps is presented in the table alongside.

Use of Corp Bank MICR code for Coimbatore Caps branch in coimbatore

The MICR code 641017001 is used in RBI cheque clearing process to identify the branch Coimbatore Caps 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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