Corporation Bank Jajpur Town Jajpur Orissa MICR CODE

Find MICR Codes for Corporation Bank Jajpur Town Jajpur Orissa

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MICR Code
Bank Corporation Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jajpur Town
Contact 06728-222017
Bank Details Corporation Bank Jajpur Town CORP0001802
Location Jajpur Town, Jajpur
City Jajpur Town
District Jajpur
State Orissa
Pincode 755001
Country IN
Address At - sitleshwar,near trimurti cinema,ambhikei chhaka,jajpur 755001 orissa
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.

Search Corporation Bank MICR Codes in jajpur

You can search through MICR Codes of Orissa branches in jajpur town of District jajpur in Orissa State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Corporation Bank are available with micr code -

>>Jajpur Town

How to find MICR codes for Corporation Bank in jajpur town?

Corporation Bank jajpur town MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Corp Bank MICR codes list for jajpur town, one can further search by branch name specified in the table. You can find MICR codes for all Corporation Bank jajpur town branches.

Corp Bank MICR code in jajpur town

Corporation Bank MICR code is a character recognition technology used by banks in the processing of cheques. Corp Bank MICR code for jajpur town branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Corporation Bank branches in jajpur town, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Corporation Bank MICR code for jajpur town branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Corporation Bank jajpur town branch, sprinted 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. Thus MICR code for Corp Bank jajpur town branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Corporation Bank MICR codes for jajpur town branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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