Woori Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for Woori Bank Chennai Chennai Tamil Nadu

MICR Code: 600240253
Bank: Woori Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Chennai Branch
Contact: 04433466900
Bank Details: Woori Bank Chennai Branch HVBK0000001
Location: Chennai, Chennai
City: Chennai
District: Chennai
State: Tamil Nadu
Pincode: 600014
Country: IN
Address: Woori Bank,Chennai Branck,6th Floor Ea Chambers East Wing ,No:49,50l,Whites Road,Royapettah,Chennai-600014
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 600240253 for Chennai Branch 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 600240253 of Woori Bank, Chennai Branch branch makes the system almost error free and faster. Use of Woori Bank MICR codes for Chennai Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Woori Bank are available with micr code -

>>Chennai Branch

MICR code for Woori Bank Chennai Branch

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 Chennai Branch 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. 600240253 is the MICR code of Woori Bank for Chennai Branch branch. MICR code for Chennai Branch 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 Chennai Branch is presented in the table alongside.

Use of Woori Bank MICR code for Chennai Branch branch in chennai

The MICR code 600240253 is used in RBI cheque clearing process to identify the branch Chennai Branch 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.