Corporation Bank Hassan Hassan Karnataka MICR CODE

Find MICR Codes for Corporation Bank Hassan Hassan Karnataka

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MICR Code
Bank Corporation Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hassan Salagame Road
Contact 08172-245296
Bank Details Corporation Bank Hassan Salagame Road CORP0002145
Location Hassan, Hassan
City Hassan
District Hassan
State Karnataka
Pincode 573201
Country IN
Address Salagame road,hassan-573201
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 573017305 for Hassan Salagame Road 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 573017305 of Corp Bank, Hassan Salagame Road branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Hassan Salagame Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Corporation Bank are available with micr code -

>>Doddmandiganahalli >>Hassan >>Hassan Currency Chest >>Hassan Salagame Road >>Kittane >>Ksourc Hassan Ec

MICR code for Corporation Bank Hassan Salagame Road

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 Hassan Salagame Road 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. 573017305 is the MICR code of Corporation Bank for Hassan Salagame Road branch. MICR code for Hassan Salagame Road 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 Hassan Salagame Road is presented in the table alongside.

Use of Corp Bank MICR code for Hassan Salagame Road branch in hassan

The MICR code 573017305 is used in RBI cheque clearing process to identify the branch Hassan Salagame Road 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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