Corporation Bank Bommasandra Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Corporation Bank Bommasandra Bangalore Urban Karnataka

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MICR Code
Bank Corporation Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bommasandra
Contact 080-27832560
Bank Details Corporation Bank Bommasandra CORP0001374
Location Bommasandra, Bangalore Urban
City Bommasandra
District Bangalore Urban
State Karnataka
Pincode 560099
Country IN
Address Plot 145/b, 3 rd cross, behind priyadarshni service station,hosur main road,bommasandra industrial area,bangalore rural dist,bangalore - 560099
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 Bommasandra 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, Bommasandra branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Bommasandra 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 -

>>Bommasandra

MICR code for Corporation Bank Bommasandra

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

Use of Corp Bank MICR code for Bommasandra branch in bommasandra

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