Corporation Bank Nagpur Nagpur Maharashtra MICR CODE

Find MICR Codes for Corporation Bank Nagpur Nagpur Maharashtra

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MICR Code	440017001
Bank	Corporation Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nagpur Mini Caps Branch
Contact	0712- 2546897
Bank Details	Corporation Bank Nagpur Mini Caps Branch CORP0000937

Location	Nagpur, Nagpur
City	Nagpur
District	Nagpur
State	Maharashtra
Pincode	440001
Country	IN
Address	Caps br national insurance building,caps br national insurance building,ph.0712-2548679,697 fx-2548674,nagpur (caps branch)

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 440017001 for Nagpur Mini Caps Branch 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 440017001 of Corp Bank, Nagpur Mini Caps Branch branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Nagpur Mini Caps Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Corporation Bank are available with micr code -

>>Nagpur >>Nagpur Hudkeshwar >>Nagpur Mini Caps Branch >>Nagpur Sadar(Mseb) >>Nagpur Wardha Road >>Nagpur Wardhaman Nagar >>Pratap Nagar

MICR code for Corporation Bank Nagpur Mini Caps Branch

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 Nagpur Mini Caps Branch 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. 440017001 is the MICR code of Corporation Bank for Nagpur Mini Caps Branch branch. MICR code for Nagpur Mini Caps Branch 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 Nagpur Mini Caps Branch is presented in the table alongside.

Use of Corp Bank MICR code for Nagpur Mini Caps Branch branch in nagpur

The MICR code 440017001 is used in RBI cheque clearing process to identify the branch Nagpur Mini Caps Branch 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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