Corporation Bank Haliyal Uttara Kannada Karnataka MICR CODE

Find MICR Codes for Corporation Bank Haliyal Uttara Kannada Karnataka

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MICR Code	581017552
Bank	Corporation Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Haliyal
Contact	08284-2220151
Bank Details	Corporation Bank Haliyal CORP0000063

Location	Haliyal, Uttara Kannada
City	Haliyal
District	Uttara Kannada
State	Karnataka
Pincode	581329
Country	IN
Address	T.m.c.complex, pb.no.25, haliyal, 581329

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 581017552 for Haliyal 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 581017552 of Corp Bank, Haliyal branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Haliyal 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 -

>>Haliyal

MICR code for Corporation Bank Haliyal

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 Haliyal 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. 581017552 is the MICR code of Corporation Bank for Haliyal branch. MICR code for Haliyal 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 Haliyal is presented in the table alongside.

Use of Corp Bank MICR code for Haliyal branch in haliyal

The MICR code 581017552 is used in RBI cheque clearing process to identify the branch Haliyal 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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