Corporation Bank Gurgaon Gurgaon Haryana MICR CODE

Find MICR Codes for Corporation Bank Gurgaon Gurgaon Haryana

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MICR Code	-NA-
Bank	Corporation Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Palam Vihar Gurgaon
Contact
Bank Details	Corporation Bank Palam Vihar Gurgaon CORP0001131

Location	Gurgaon, Gurgaon
City	Gurgaon
District	Gurgaon
State	Haryana
Pincode	122016
Country	IN
Address	Sco-48, sec-23 a, behind petrol pump, gurgaon

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 0 for Palam Vihar Gurgaon 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 0 of Corp Bank, Palam Vihar Gurgaon branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Palam Vihar Gurgaon branch, makes the characters readable even if there are other marks and stamps on it.

A total of 11 branches of Corporation Bank are available with micr code -

>>Guragaon Meenakshi Piblic School Ec >>Gurgaon Large Corporate >>Gurgaon Main >>Gurgaon Maruthi Kunj >>Gurgaon Sec 31 >>Gurgaon Sector Four >>Gurgaon Udyog Vihar >>Gurugram Gurgaon Sec Fifty >>Nicmar Gurgaon >>Palam Vihar Gurgaon >>Sector 56 Gurgaon

MICR code for Corporation Bank Palam Vihar Gurgaon

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 Palam Vihar Gurgaon 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. 0 is the MICR code of Corporation Bank for Palam Vihar Gurgaon branch. MICR code for Palam Vihar Gurgaon 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 Palam Vihar Gurgaon is presented in the table alongside.

Use of Corp Bank MICR code for Palam Vihar Gurgaon branch in gurgaon

The MICR code 0 is used in RBI cheque clearing process to identify the branch Palam Vihar Gurgaon 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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