Corporation Bank Kochi Ernakulam Kerala MICR CODE

Find MICR Codes for Corporation Bank Kochi Ernakulam Kerala

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MICR Code
Bank Corporation Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Elamakkara
Contact 0484-2408949,2538727
Bank Details Corporation Bank Elamakkara CORP0000227
Location Kochi, Ernakulam
City Kochi
District Ernakulam
State Kerala
Pincode 682026
Country IN
Address Raghvan pillai memorial bldg, pudukkalavattom road, elamakkara, kochi-682026
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 682017003 for Elamakkara 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 682017003 of Corp Bank, Elamakkara branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Elamakkara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Corporation Bank are available with micr code -

>>Caps Kochi >>Elamakkara >>Ernakulam >>Ernakulam Ravipuram >>Ernakulam Sannidhi Road >>Ernakulam Vyttila >>Kochi(Cochin) >>Palarivattam >>Panampilly Nagar >>Panayikkulam

MICR code for Corporation Bank Elamakkara

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 Elamakkara 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. 682017003 is the MICR code of Corporation Bank for Elamakkara branch. MICR code for Elamakkara 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 Elamakkara is presented in the table alongside.

Use of Corp Bank MICR code for Elamakkara branch in kochi

The MICR code 682017003 is used in RBI cheque clearing process to identify the branch Elamakkara 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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