Corporation Bank Bawana New Delhi New Delhi MICR CODE

Find MICR Codes for Corporation Bank Bawana New Delhi New Delhi

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MICR Code	110017039
Bank	Corporation Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bawana
Contact	011-27754862, 27752949
Bank Details	Corporation Bank Bawana CORP0000570

Location	Bawana, New Delhi
City	Bawana
District	New Delhi
State	New Delhi
Pincode	110036
Country	IN
Address	H.no. 1055, auchandi road ,near petrol pump, bavana, new delhi - 110036

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 110017039 for Bawana 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 110017039 of Corp Bank, Bawana branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Bawana 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 -

>>Bawana

MICR code for Corporation Bank Bawana

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 Bawana 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. 110017039 is the MICR code of Corporation Bank for Bawana branch. MICR code for Bawana 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 Bawana is presented in the table alongside.

Use of Corp Bank MICR code for Bawana branch in bawana

The MICR code 110017039 is used in RBI cheque clearing process to identify the branch Bawana 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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