Corporation Bank Birur Chikmagalur Karnataka MICR CODE

Find MICR Codes for Corporation Bank Birur Chikmagalur Karnataka

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MICR Code
Bank Corporation Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Birur
Contact 0-9448871417
Bank Details Corporation Bank Birur CORP0002917
Location Birur, Chikmagalur
City Birur
District Chikmagalur
State Karnataka
Pincode 577116
Country IN
Address Opp ksrtc bus stand b h road n h 206 birur- 577116 karnataka
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 Birur 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, Birur branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Birur 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 -

>>Birur

MICR code for Corporation Bank Birur

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 Birur 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 Birur branch. MICR code for Birur 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 Birur is presented in the table alongside.

Use of Corp Bank MICR code for Birur branch in birur

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