Corporation Bank Karnal Karnal Haryana MICR CODE

Find MICR Codes for Corporation Bank Karnal Karnal Haryana

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MICR Code
Bank Corporation Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Karnal Sector 7
Contact 2283100
Bank Details Corporation Bank Karnal Sector 7 CORP0003077
Location Karnal, Karnal
City Karnal
District Karnal
State Haryana
Pincode 132001
Country IN
Address Sco 100 sector 7 near gt road karnal haryana 132001
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 Karnal Sector 7 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, Karnal Sector 7 branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Karnal Sector 7 branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Corporation Bank are available with micr code -

>>Asandh >>Bhaini Kalan >>Darar >>Karnal >>Karnal Currency Chest >>Karnal Sector 7

MICR code for Corporation Bank Karnal Sector 7

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 Karnal Sector 7 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 Karnal Sector 7 branch. MICR code for Karnal Sector 7 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 Karnal Sector 7 is presented in the table alongside.

Use of Corp Bank MICR code for Karnal Sector 7 branch in karnal

The MICR code 0 is used in RBI cheque clearing process to identify the branch Karnal Sector 7 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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