Corporation Bank Kolkata Kolkata West Bengal MICR CODE

Find MICR Codes for Corporation Bank Kolkata Kolkata West Bengal

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MICR Code	700017017
Bank	Corporation Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kolkata C.R.Avenue
Contact	033-22127683
Bank Details	Corporation Bank Kolkata C.R.Avenue CORP0000668

Location	Kolkata, Kolkata
City	Kolkata
District	Kolkata
State	West Bengal
Pincode	700072
Country	IN
Address	L.i.c.of india,ist flr.c.r.avenue,kolkata 700072

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 700017017 for Kolkata C.R.Avenue 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 700017017 of Corp Bank, Kolkata C.R.Avenue branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Kolkata C.R.Avenue branch, makes the characters readable even if there are other marks and stamps on it.

A total of 24 branches of Corporation Bank are available with micr code -

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MICR code for Corporation Bank Kolkata C.R.Avenue

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 Kolkata C.R.Avenue 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. 700017017 is the MICR code of Corporation Bank for Kolkata C.R.Avenue branch. MICR code for Kolkata C.R.Avenue 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 Kolkata C.R.Avenue is presented in the table alongside.

Use of Corp Bank MICR code for Kolkata C.R.Avenue branch in kolkata

The MICR code 700017017 is used in RBI cheque clearing process to identify the branch Kolkata C.R.Avenue 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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