Corporation Bank Ernakulam Ernakulam Kerala MICR CODE

Find MICR Codes for Corporation Bank Ernakulam Ernakulam Kerala

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MICR Code
Bank Corporation Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ernakulam Service Branch
Contact 2357421
Bank Details Corporation Bank Ernakulam Service Branch CORP0001260
Location Ernakulam, Ernakulam
City Ernakulam
District Ernakulam
State Kerala
Pincode 682011
Country IN
Address Ground floor veettel chambers mg road ravipuram 682016
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 682017001 for Ernakulam Service Branch 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 682017001 of Corp Bank, Ernakulam Service Branch branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Ernakulam Service Branch 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 -

>>Ernakulam Service Branch >>Lic Of India North Parur Varapuza Ec

MICR code for Corporation Bank Ernakulam Service Branch

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 Ernakulam Service Branch 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. 682017001 is the MICR code of Corporation Bank for Ernakulam Service Branch branch. MICR code for Ernakulam Service Branch 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 Ernakulam Service Branch is presented in the table alongside.

Use of Corp Bank MICR code for Ernakulam Service Branch branch in ernakulam

The MICR code 682017001 is used in RBI cheque clearing process to identify the branch Ernakulam Service Branch 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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