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 Sitapura Industrial Area
Contact 9468679329
Bank Details Corporation Bank Jaipur Sitapura Industrial Area CORP0003031
Location Jaipur, Jaipur
City Jaipur
District Jaipur
State Rajasthan
Pincode 302022
Country IN
Address G 1 168 epip garment zone sitapura industrial area district jaipur 302022
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 0 for Jaipur Sitapura Industrial Area 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 0 of Corp Bank, Jaipur Sitapura Industrial Area branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Jaipur Sitapura Industrial Area branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Corporation Bank Jaipur Sitapura Industrial Area

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 Sitapura Industrial Area 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. 0 is the MICR code of Corporation Bank for Jaipur Sitapura Industrial Area branch. MICR code for Jaipur Sitapura Industrial Area 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 Sitapura Industrial Area is presented in the table alongside.

Use of Corp Bank MICR code for Jaipur Sitapura Industrial Area branch in jaipur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Jaipur Sitapura Industrial Area 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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