Corporation Bank Nasirabad Ajmer Rajasthan MICR CODE

Find MICR Codes for Corporation Bank Nasirabad Ajmer Rajasthan

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MICR Code
Bank Corporation Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jamola
Contact 01462 264111
Bank Details Corporation Bank Jamola CORP0001547
Location Nasirabad, Ajmer
City Nasirabad
District Ajmer
State Rajasthan
Pincode 305630
Country IN
Address Gram panchayat bhawan, jamola village, p/s masuda, district ajmer-305630
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 Jamola 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, Jamola branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Jamola 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 -

>>Jamola

MICR code for Corporation Bank Jamola

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 Jamola 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 Jamola branch. MICR code for Jamola 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 Jamola is presented in the table alongside.

Use of Corp Bank MICR code for Jamola branch in nasirabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Jamola 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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