Corporation Bank Kolhapur Kolhapur Maharashtra MICR CODE

Find MICR Codes for Corporation Bank Kolhapur Kolhapur Maharashtra

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MICR Code
Bank Corporation Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kolhapur
Contact 0231-2641450
Bank Details Corporation Bank Kolhapur CORP0000182
Location Kolhapur, Kolhapur
City Kolhapur
District Kolhapur
State Maharashtra
Pincode 416002
Country IN
Address C-ward, laxmipuri,kolhapur-416 002
MICR Code
Bank Corporation Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Wadange
Contact 2312477930
Bank Details Corporation Bank Wadange CORP0002992
Location Kolhapur, Kolhapur
City Kolhapur
District Kolhapur
State Maharashtra
Pincode 416229
Country IN
Address Survey no 598 main road wadange karveer taluk dist kolhapur 416229
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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 kolhapur

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

A total of 4 branches of Corporation Bank are available with micr code -

>>Kolhapur >>Kolhapur Tarabai Park >>Latwade >>Wadange

How to find MICR codes for Corporation Bank in kolhapur?

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

Corp Bank MICR code in kolhapur

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