Corporation Bank Bhimaneri Shimoga Karnataka MICR CODE

Find MICR Codes for Corporation Bank Bhimaneri Shimoga Karnataka

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MICR Code	577017403
Bank	Corporation Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	A.P.M.C Yard Bhimaneri Sa
Contact	08183-226297
Bank Details	Corporation Bank A.P.M.C Yard Bhimaneri Sa CORP0000369

Location	Bhimaneri, Shimoga
City	Bhimaneri
District	Shimoga
State	Karnataka
Pincode	577401
Country	IN
Address	C-31 a p m c yard,gate 1,bhimaneri sagar,sagar,577401

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 577017403 for A.P.M.C Yard Bhimaneri Sa 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 577017403 of Corp Bank, A.P.M.C Yard Bhimaneri Sa branch makes the system almost error free and faster. Use of Corp Bank MICR codes for A.P.M.C Yard Bhimaneri Sa 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 -

>>A.P.M.C Yard Bhimaneri Sa

MICR code for Corporation Bank A.P.M.C Yard Bhimaneri Sa

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 A.P.M.C Yard Bhimaneri Sa 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. 577017403 is the MICR code of Corporation Bank for A.P.M.C Yard Bhimaneri Sa branch. MICR code for A.P.M.C Yard Bhimaneri Sa 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 A.P.M.C Yard Bhimaneri Sa is presented in the table alongside.

Use of Corp Bank MICR code for A.P.M.C Yard Bhimaneri Sa branch in bhimaneri

The MICR code 577017403 is used in RBI cheque clearing process to identify the branch A.P.M.C Yard Bhimaneri Sa 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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