Corporation Bank Indore Indore Madhya Pradesh MICR CODE

Find MICR Codes for Corporation Bank Indore Indore Madhya Pradesh

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MICR Code	-NA-
Bank	Corporation Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kishanganj(Mhow)
Contact	9993069992
Bank Details	Corporation Bank Kishanganj(Mhow) CORP0001883

Location	Indore, Indore
City	Indore
District	Indore
State	Madhya Pradesh
Pincode	453446
Country	IN
Address	Plot no.1,chinar residency,mewara garden, a b road,village kishanganj, teh.-mhow, dist indore- 453446,madhya pradesh

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 Kishanganj(Mhow) 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, Kishanganj(Mhow) branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Kishanganj(Mhow) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Corporation Bank are available with micr code -

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MICR code for Corporation Bank Kishanganj(Mhow)

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 Kishanganj(Mhow) 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 Kishanganj(Mhow) branch. MICR code for Kishanganj(Mhow) 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 Kishanganj(Mhow) is presented in the table alongside.

Use of Corp Bank MICR code for Kishanganj(Mhow) branch in indore

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kishanganj(Mhow) 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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