Corporation Bank Hazaribagh Hazaribag Jharkhand MICR CODE

Find MICR Codes for Corporation Bank Hazaribagh Hazaribag Jharkhand

Bank	↻ Reload
State
District
City
Branch
Address

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	Kud
Contact	8007015101
Bank Details	Corporation Bank Kud CORP0003481

Location	Hazaribagh, Hazaribag
City	Hazaribagh
District	Hazaribag
State	Jharkhand
Pincode	825302
Country	IN
Address	Near railway station road po sadar dist hazaribagh jharkhand

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

A total of 1 branches of Corporation Bank are available with micr code -

>>Kud

MICR code for Corporation Bank Kud

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 Kud 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 Kud branch. MICR code for Kud 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 Kud is presented in the table alongside.

Use of Corp Bank MICR code for Kud branch in hazaribagh

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kud 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.

Copied!