Corporation Bank Bhopal Bhopal Madhya Pradesh MICR CODE

Find MICR Codes for Corporation Bank Bhopal Bhopal Madhya Pradesh

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MICR Code	462017003
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 J.P.Nagar
Contact	0755-2732179
Bank Details	Corporation Bank Bhopal J.P.Nagar CORP0000441

Location	Bhopal, Bhopal
City	Bhopal
District	Bhopal
State	Madhya Pradesh
Pincode	462001
Country	IN
Address	Berasia road, jaiprakash nagar,bhopal,462001

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 462017003 for Bhopal J.P.Nagar 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 462017003 of Corp Bank, Bhopal J.P.Nagar branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Bhopal J.P.Nagar 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 J.P.Nagar

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 J.P.Nagar 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. 462017003 is the MICR code of Corporation Bank for Bhopal J.P.Nagar branch. MICR code for Bhopal J.P.Nagar 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 J.P.Nagar is presented in the table alongside.

Use of Corp Bank MICR code for Bhopal J.P.Nagar branch in bhopal

The MICR code 462017003 is used in RBI cheque clearing process to identify the branch Bhopal J.P.Nagar 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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