Corporation Bank Cambay Anand Gujarat MICR CODE

Find MICR Codes for Corporation Bank Cambay Anand Gujarat

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MICR Code	388017091
Bank	Corporation Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Cambay
Contact	02698-222614
Bank Details	Corporation Bank Cambay CORP0000321

Location	Cambay, Anand
City	Cambay
District	Anand
State	Gujarat
Pincode	388620
Country	IN
Address	1198/b/2,station rd,pbno.60, cambay-388620.

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 388017091 for Cambay 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 388017091 of Corp Bank, Cambay branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Cambay branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Corporation Bank are available with micr code -

>>Cambay >>Piploi

MICR code for Corporation Bank Cambay

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 Cambay 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. 388017091 is the MICR code of Corporation Bank for Cambay branch. MICR code for Cambay 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 Cambay is presented in the table alongside.

Use of Corp Bank MICR code for Cambay branch in cambay

The MICR code 388017091 is used in RBI cheque clearing process to identify the branch Cambay 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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