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	110017020
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 Hauz Khas
Contact
Bank Details	Corporation Bank New Delhi Hauz Khas CORP0000494

Location	Delhi, New Delhi
City	Delhi
District	New Delhi
State	New Delhi
Pincode	110016
Country	IN
Address	No 14 kaushalya park hauz khas new delhi 110016

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 110017020 for New Delhi Hauz Khas 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 110017020 of Corp Bank, New Delhi Hauz Khas branch makes the system almost error free and faster. Use of Corp Bank MICR codes for New Delhi Hauz Khas 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 Hauz Khas

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 Hauz Khas 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. 110017020 is the MICR code of Corporation Bank for New Delhi Hauz Khas branch. MICR code for New Delhi Hauz Khas 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 Hauz Khas is presented in the table alongside.

Use of Corp Bank MICR code for New Delhi Hauz Khas branch in delhi

The MICR code 110017020 is used in RBI cheque clearing process to identify the branch New Delhi Hauz Khas 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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