Corporation Bank Noida Ghaziabad Uttar Pradesh MICR CODE

Find MICR Codes for Corporation Bank Noida Ghaziabad Uttar Pradesh

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MICR Code	110017054
Bank	Corporation Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nodia Sector31
Contact	0120-2455613
Bank Details	Corporation Bank Nodia Sector31 CORP0002079

Location	Noida, Ghaziabad
City	Noida
District	Ghaziabad
State	Uttar Pradesh
Pincode	201301
Country	IN
Address	C-1/9, sector 31, noida 201301

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 110017054 for Nodia Sector31 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 110017054 of Corp Bank, Nodia Sector31 branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Nodia Sector31 branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Corporation Bank are available with micr code -

>>Nodia Sector31

MICR code for Corporation Bank Nodia Sector31

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 Nodia Sector31 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. 110017054 is the MICR code of Corporation Bank for Nodia Sector31 branch. MICR code for Nodia Sector31 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 Nodia Sector31 is presented in the table alongside.

Use of Corp Bank MICR code for Nodia Sector31 branch in noida

The MICR code 110017054 is used in RBI cheque clearing process to identify the branch Nodia Sector31 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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