Corporation Bank Vembadithalam Salem Tamil Nadu MICR CODE

Find MICR Codes for Corporation Bank Vembadithalam Salem Tamil Nadu

Bank
State
District
City
Branch
Address

MICR Code	636017005
Bank	Corporation Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Vembadithalam
Contact	0427-2496700
Bank Details	Corporation Bank Vembadithalam CORP0000243

Location	Vembadithalam, Salem
City	Vembadithalam
District	Salem
State	Tamil Nadu
Pincode	637504
Country	IN
Address	4/42, main rd, pb.no.14, vembadithalam, 637504

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 636017005 for Vembadithalam 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 636017005 of Corp Bank, Vembadithalam branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Vembadithalam 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 -

>>Vembadithalam

MICR code for Corporation Bank Vembadithalam

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 Vembadithalam 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. 636017005 is the MICR code of Corporation Bank for Vembadithalam branch. MICR code for Vembadithalam 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 Vembadithalam is presented in the table alongside.

Use of Corp Bank MICR code for Vembadithalam branch in vembadithalam

The MICR code 636017005 is used in RBI cheque clearing process to identify the branch Vembadithalam 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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