Corporation Bank Bhopal Bhopal Madhya Pradesh MICR CODE

Find MICR Codes for Corporation Bank Bhopal Bhopal Madhya Pradesh

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MICR Code	-NA-
Bank	Corporation Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bhopal Indirapuri
Contact	0755-2789810
Bank Details	Corporation Bank Bhopal Indirapuri CORP0001676

Location	Bhopal, Bhopal
City	Bhopal
District	Bhopal
State	Madhya Pradesh
Pincode	462023
Country	IN
Address	Plot no-10,first floor,sector-a,jk road,indrapuri,bhopal 462023 madhya pradesh

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 0 for Bhopal Indirapuri 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 0 of Corp Bank, Bhopal Indirapuri branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Bhopal Indirapuri branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of Corporation Bank are available with micr code -

>>Bhopal Bagh Sewania >>Bhopal Bairagarh >>Bhopal Eleven No Market >>Bhopal Indirapuri >>Bhopal J.P.Nagar >>Bhopal Kolar Road >>Bhopal Lalghati >>Bhopal M.P.Nagar >>Bhopal Main >>Bhopal New Market >>Bhopal Peergate >>Bhopal Trilanga

MICR code for Corporation Bank Bhopal Indirapuri

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 Bhopal Indirapuri 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. 0 is the MICR code of Corporation Bank for Bhopal Indirapuri branch. MICR code for Bhopal Indirapuri 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 Bhopal Indirapuri is presented in the table alongside.

Use of Corp Bank MICR code for Bhopal Indirapuri branch in bhopal

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bhopal Indirapuri 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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