Corporation Bank Bhadravathi New Town Shimoga Karnataka MICR CODE

Find MICR Codes for Corporation Bank Bhadravathi New Town Shimoga Karnataka

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MICR Code
Bank Corporation Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhadravathi Jannapur
Contact 08282-2272713
Bank Details Corporation Bank Bhadravathi Jannapur CORP0000147
Location Bhadravathi New Town, Shimoga
City Bhadravathi New Town
District Shimoga
State Karnataka
Pincode 577303
Country IN
Address Nr.raghavendraswami mutt,jannapur, bhadravathi  577303
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 577017303 for Bhadravathi Jannapur 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 577017303 of Corp Bank, Bhadravathi Jannapur branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Bhadravathi Jannapur 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 -

>>Bhadravathi Jannapur

MICR code for Corporation Bank Bhadravathi Jannapur

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 Bhadravathi Jannapur 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. 577017303 is the MICR code of Corporation Bank for Bhadravathi Jannapur branch. MICR code for Bhadravathi Jannapur 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 Bhadravathi Jannapur is presented in the table alongside.

Use of Corp Bank MICR code for Bhadravathi Jannapur branch in bhadravathi new town

The MICR code 577017303 is used in RBI cheque clearing process to identify the branch Bhadravathi Jannapur 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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