Corporation Bank Agra Agra Uttar Pradesh MICR CODE

Find MICR Codes for Corporation Bank Agra Agra Uttar Pradesh

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MICR Code
Bank Corporation Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Agra Sanjay Place
Contact 0562-2522868
Bank Details Corporation Bank Agra Sanjay Place CORP0000686
Location Agra, Agra
City Agra
District Agra
State Uttar Pradesh
Pincode 282002
Country IN
Address ,lic bldg,sanjay place,agra 282002
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 282017003 for Agra Sanjay Place 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 282017003 of Corp Bank, Agra Sanjay Place branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Agra Sanjay Place branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Corporation Bank are available with micr code -

>>Agra Kamla Nagar >>Agra Main >>Agra Sanjay Place >>Agra Sector 4B

MICR code for Corporation Bank Agra Sanjay Place

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 Agra Sanjay Place 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. 282017003 is the MICR code of Corporation Bank for Agra Sanjay Place branch. MICR code for Agra Sanjay Place 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 Agra Sanjay Place is presented in the table alongside.

Use of Corp Bank MICR code for Agra Sanjay Place branch in agra

The MICR code 282017003 is used in RBI cheque clearing process to identify the branch Agra Sanjay Place 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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