Corporation Bank Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for Corporation Bank Delhi New Delhi New Delhi

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MICR Code	110017002
Bank	Corporation Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	New Delhi Chandni Chowk
Contact	011-23968734
Bank Details	Corporation Bank New Delhi Chandni Chowk CORP0000205

Location	Delhi, New Delhi
City	Delhi
District	New Delhi
State	New Delhi
Pincode	110006
Country	IN
Address	1907 by 1907 a chandni chowk opp gurudwara sisganj delhi 110006

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 110017002 for New Delhi Chandni Chowk 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 110017002 of Corp Bank, New Delhi Chandni Chowk branch makes the system almost error free and faster. Use of Corp Bank MICR codes for New Delhi Chandni Chowk branch, makes the characters readable even if there are other marks and stamps on it.

A total of 53 branches of Corporation Bank are available with micr code -

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MICR code for Corporation Bank New Delhi Chandni Chowk

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 New Delhi Chandni Chowk 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. 110017002 is the MICR code of Corporation Bank for New Delhi Chandni Chowk branch. MICR code for New Delhi Chandni Chowk 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 New Delhi Chandni Chowk is presented in the table alongside.

Use of Corp Bank MICR code for New Delhi Chandni Chowk branch in delhi

The MICR code 110017002 is used in RBI cheque clearing process to identify the branch New Delhi Chandni Chowk 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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