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 Mini Caps
Contact 0141 2568516
Bank Details Corporation Bank Jaipur Mini Caps CORP0000926
Location Jaipur, Jaipur
City Jaipur
District Jaipur
State Rajasthan
Pincode 302001
Country IN
Address Caps centre, ist floor,caps centre, ist floor,tripolia bazar (ph. 0141-2568116),j a i p u r
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 302017001 for Jaipur Mini Caps 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 302017001 of Corp Bank, Jaipur Mini Caps branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Jaipur Mini Caps branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Corporation Bank Jaipur Mini Caps

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 Mini Caps 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. 302017001 is the MICR code of Corporation Bank for Jaipur Mini Caps branch. MICR code for Jaipur Mini Caps 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 Mini Caps is presented in the table alongside.

Use of Corp Bank MICR code for Jaipur Mini Caps branch in jaipur

The MICR code 302017001 is used in RBI cheque clearing process to identify the branch Jaipur Mini Caps 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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