Corporation Bank Hubli Dharwad Karnataka MICR CODE

Find MICR Codes for Corporation Bank Hubli Dharwad Karnataka

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MICR Code	580017003
Bank	Corporation Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mini Caps Centre Hubli
Contact	0836 - 2229075, 2229078
Bank Details	Corporation Bank Mini Caps Centre Hubli CORP0008960

Location	Hubli, Dharwad
City	Hubli
District	Dharwad
State	Karnataka
Pincode	580020
Country	IN
Address	I st floor, moorsavir math press - 5800028

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 580017003 for Mini Caps Centre Hubli 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 580017003 of Corp Bank, Mini Caps Centre Hubli branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Mini Caps Centre Hubli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Corporation Bank are available with micr code -

>>Hubli Dharwad Stock Trading Hubli >>Mini Caps Centre Hubli

MICR code for Corporation Bank Mini Caps Centre Hubli

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 Mini Caps Centre Hubli 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. 580017003 is the MICR code of Corporation Bank for Mini Caps Centre Hubli branch. MICR code for Mini Caps Centre Hubli 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 Mini Caps Centre Hubli is presented in the table alongside.

Use of Corp Bank MICR code for Mini Caps Centre Hubli branch in hubli

The MICR code 580017003 is used in RBI cheque clearing process to identify the branch Mini Caps Centre Hubli 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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