|
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 of Corp Bank, mumbai retail asset hub branch makes the system almost error free and faster. Use of Corp Bank MICR codes for mumbai retail asset hub branch, makes the characters readable even if there are other marks and stamps on it.
>>Bhayandar >>Capital Market Branch >>Cms Core Branch >>Fort Mumbai >>Mumbai Airoli >>Mumbai Amboli >>Mumbai Ar Street >>Mumbai Ashokvan >>Mumbai Bandra >>Mumbai Borivili >>Mumbai Caps >>Mumbai Central >>Mumbai Chembur >>Mumbai Colaba >>Mumbai Dahisar >>Mumbai Dombivili East >>Mumbai Dombiviliwest >>Mumbai Ghatkoper >>Mumbai Ghatkopere >>Mumbai Goregaon >>Mumbai Ifb >>Mumbai Kalbadevi >>Mumbai Kalbadevi >>Mumbai Kandivili (East) >>Mumbai Kandivli (West) >>Mumbai Khar >>Mumbai Large Corporate Branch >>Mumbai Lower Parel >>Mumbai Mahakali Caves Road >>Mumbai Mahapalika >>Mumbai Mahim Pbb >>Mumbai Malad Orlem >>Mumbai Mandvi >>Mumbai Marol Sme >>Mumbai Matunga Cpbb >>Mumbai Mulund >>Mumbai Overseas >>Mumbai P.Mroad >>Mumbai Pbb Bandra >>Mumbai Powai >>Mumbai Retail Asset Hub (Zo) >>Mumbai Santacruz (East) >>Mumbai Shilpi Versova >>Mumbai Shivajipark >>Mumbai Shivajipark Extension >>Mumbai Versoa >>Mumbai Ville Parle >>Mumbai Wadala >>Mumbai Worli(Bhatbazar) >>Mumbai Yoginagar >>Nariman Point >>Nerulwest >>Pune I F B >>Rtgs Ho >>Sadhana Education Society Mumbai >>Vasai Navghar >>Virar(W) Mumbai.
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 mumbai retail asset hub 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. is the MICR code of Corporation Bank for mumbai retail asset hub branch. MICR code for mumbai retail asset hub 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 mumbai retail asset hub is presented in the table alongside.
The MICR code is used in RBI cheque clearing process to identify the branch mumbai retail asset hub 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.