Corporation Bank Abbur Mysore Karnataka MICR CODE

Find MICR Codes for Corporation Bank Abbur Mysore Karnataka

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MICR Code	571017535
Bank	Corporation Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Abbur
Contact
Bank Details	Corporation Bank Abbur CORP0001498

Location	Abbur, Mysore
City	Abbur
District	Mysore
State	Karnataka
Pincode	562108
Country	IN
Address	Kanasamari no 157/3, milk producers coop society ltd, abbur, ramanagar dist-562108

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 571017535 for Abbur 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 571017535 of Corp Bank, Abbur branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Abbur 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 -

>>Abbur

MICR code for Corporation Bank Abbur

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 Abbur 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. 571017535 is the MICR code of Corporation Bank for Abbur branch. MICR code for Abbur 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 Abbur is presented in the table alongside.

Use of Corp Bank MICR code for Abbur branch in abbur

The MICR code 571017535 is used in RBI cheque clearing process to identify the branch Abbur 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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