Corporation Bank Belgaum Belgaum Karnataka MICR CODE

Find MICR Codes for Corporation Bank Belgaum Belgaum Karnataka

↻ Reload
MICR Code
Bank Corporation Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Belgaum Karnataka Law Soceity
Contact 0831-2485370
Bank Details Corporation Bank Belgaum Karnataka Law Soceity CORP0002003
Location Belgaum, Belgaum
City Belgaum
District Belgaum
State Karnataka
Pincode 590006
Country IN
Address K.l.society's gogte colg of comm,tilakwadi,belgaum-590006
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 590017006 for Belgaum Karnataka Law Soceity 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 590017006 of Corp Bank, Belgaum Karnataka Law Soceity branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Belgaum Karnataka Law Soceity branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Corporation Bank Belgaum Karnataka Law Soceity

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 Belgaum Karnataka Law Soceity 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. 590017006 is the MICR code of Corporation Bank for Belgaum Karnataka Law Soceity branch. MICR code for Belgaum Karnataka Law Soceity 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 Belgaum Karnataka Law Soceity is presented in the table alongside.

Use of Corp Bank MICR code for Belgaum Karnataka Law Soceity branch in belgaum

The MICR code 590017006 is used in RBI cheque clearing process to identify the branch Belgaum Karnataka Law Soceity 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.

Copied!