Corporation Bank Jaipur Jaipur Rajasthan MICR CODE

Find MICR Codes for Corporation Bank Jaipur Jaipur Rajasthan

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MICR Code
Bank Corporation Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jaipur Cbb
Contact 0141-2565210, 2560059
Bank Details Corporation Bank Jaipur Cbb CORP0000608
Location Jaipur, Jaipur
City Jaipur
District Jaipur
State Rajasthan
Pincode 302002
Country IN
Address Nawab saheb ki haveli ,tripolia bazar, jaipur - 302002
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 302017003 for Jaipur Cbb 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 302017003 of Corp Bank, Jaipur Cbb branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Jaipur Cbb branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Corporation Bank Jaipur Cbb

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 Jaipur Cbb 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. 302017003 is the MICR code of Corporation Bank for Jaipur Cbb branch. MICR code for Jaipur Cbb 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 Jaipur Cbb is presented in the table alongside.

Use of Corp Bank MICR code for Jaipur Cbb branch in jaipur

The MICR code 302017003 is used in RBI cheque clearing process to identify the branch Jaipur Cbb 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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