Corporation Bank Heradi Udupi Karnataka MICR CODE

Find MICR Codes for Corporation Bank Heradi Udupi Karnataka

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MICR Code	576017014
Bank	Corporation Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Heradi
Contact	0820-2587128, 2587102
Bank Details	Corporation Bank Heradi CORP0000240

Location	Heradi, Udupi
City	Heradi
District	Udupi
State	Karnataka
Pincode	576210
Country	IN
Address	"kumuda building", opp. Post office, main road, heradi, p.o.barkur - 576210, udupi district

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 576017014 for Heradi 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 576017014 of Corp Bank, Heradi branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Heradi 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 -

>>Heradi

MICR code for Corporation Bank Heradi

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 Heradi 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. 576017014 is the MICR code of Corporation Bank for Heradi branch. MICR code for Heradi 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 Heradi is presented in the table alongside.

Use of Corp Bank MICR code for Heradi branch in heradi

The MICR code 576017014 is used in RBI cheque clearing process to identify the branch Heradi 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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