Corporation Bank Khadakvasla Pune Maharashtra MICR CODE

Find MICR Codes for Corporation Bank Khadakvasla Pune Maharashtra

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MICR Code
Bank Corporation Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Khadakwasla
Contact 020-24392900
Bank Details Corporation Bank Khadakwasla CORP0001403
Location Khadakvasla, Pune
City Khadakvasla
District Pune
State Maharashtra
Pincode 411041
Country IN
Address Upper ground floor, nanded - khadakwasla road, khadakwasla, pune district-411041
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 pune

You can search through MICR Codes of Maharashtra branches in khadakvasla of District pune in Maharashtra 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 -

>>Khadakwasla

How to find MICR codes for Corporation Bank in khadakvasla?

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

Corp Bank MICR code in khadakvasla

Corporation Bank MICR code is a character recognition technology used by banks in the processing of cheques. Corp Bank MICR code for khadakvasla 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 khadakvasla, 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 khadakvasla 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 khadakvasla 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 khadakvasla branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Corporation Bank MICR codes for khadakvasla 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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