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Bank Of Ceylon Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for Bank Of Ceylon Chennai Chennai Tamil Nadu

MICR Code
Bank Bank Of Ceylon
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chennai
Contact 26420972, 42040972, 26423803
Bank Details Bank Of Ceylon Chennai BCEY0CHEN01
Location Chennai, Chennai
City Chennai
District Chennai
State Tamil Nadu
Pincode 600084
Country IN
Address 1090, poonamallee, high road, egmore, chennai 600 084
MICR Code
Bank Bank Of Ceylon
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chennai
Contact 0
Bank Details Bank Of Ceylon Chennai BCEY0NEFTSC
Location Chennai, Chennai
City Chennai
District Chennai
State Tamil Nadu
Pincode
Country IN
Address Chennai
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 600331001 for Chennai 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 600331001 of BOC Bank, Chennai branch makes the system almost error free and faster. Use of BOC Bank MICR codes for Chennai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Bank Of Ceylon are available with micr code -

>>Chennai >>Chennai >>Head Office

MICR code for Bank Of Ceylon Chennai

Bank Of Ceylon MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. BOC Bank MICR code for Chennai 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. 600331001 is the MICR code of Ceylon Bank for Chennai branch. MICR code for Chennai 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 BOC Bank Chennai is presented in the table alongside.

Use of BOC Bank MICR code for Chennai branch in chennai

The MICR code 600331001 is used in RBI cheque clearing process to identify the branch Chennai and BOC 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 Ceylon Bank is typically in either of these two font’s: E-138 and CMC-7.