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Cosmos Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for Cosmos Bank Chennai Chennai Tamil Nadu

MICR Code
Bank Cosmos Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Anna Nagar Branch
Contact 9444256446
Bank Details Cosmos Co-Op Bank Ltd Anna Nagar Branch COSB0000126
Location Chennai, Chennai
City Chennai
District Chennai
State Tamil Nadu
Pincode 600040
Country IN
Address Cosmos bank ltd , 1st floor , door no 223,iind avenue, y block , vi th main road , anna nagar,chennai 600040
MICR Code
Bank Cosmos Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Madipakkam
Contact 9445967484
Bank Details Cosmos Co-Op Bank Ltd Madipakkam COSB0000127
Location Chennai, Chennai
City Chennai
District Chennai
State Tamil Nadu
Pincode 600091
Country IN
Address Plot no 2, new door no 3 , ground floor , defence colony , medavakkam main road , madipakkam ,chennai 600091
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.

Search Cosmos Bank MICR Codes in chennai

You can search through MICR Codes of Tamil Nadu branches in chennai of District chennai in Tamil Nadu State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 2 branches of Cosmos Co-Op Bank Ltd are available with micr code -

>>Anna Nagar Branch >>Madipakkam

How to find MICR codes for Cosmos Bank in chennai?

Cosmos Bank chennai MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Cosmos Cooperative Bank MICR codes list for chennai, one can further search by branch name specified in the table. You can find MICR codes for all Cosmos Bank chennai branches.

Cosmos Cooperative Bank MICR code in chennai

Cosmos Bank MICR code is a character recognition technology used by banks in the processing of cheques. Cosmos Cooperative Bank MICR code for chennai branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Cosmos Bank branches in chennai, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Cosmos Bank MICR code for chennai branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Cosmos Bank chennai branch, sprinted 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. Thus MICR code for Cosmos Cooperative Bank chennai branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Cosmos Bank MICR codes for chennai branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!