Corporation Bank Rampur Allahabad Uttar Pradesh MICR CODE

Find MICR Codes for Corporation Bank Rampur Allahabad Uttar Pradesh

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MICR Code
Bank Corporation Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rampur
Contact 0595-2352984
Bank Details Corporation Bank Rampur CORP0001283
Location Rampur, Allahabad
City Rampur
District Allahabad
State Uttar Pradesh
Pincode 244901
Country IN
Address Ground floor, rahe - murtaza, near cane society, civil lines, rampur - 244901
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 244017102 for Rampur 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 244017102 of Corp Bank, Rampur branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Rampur 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 -

>>Rampur

MICR code for Corporation Bank Rampur

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 Rampur 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. 244017102 is the MICR code of Corporation Bank for Rampur branch. MICR code for Rampur 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 Rampur is presented in the table alongside.

Use of Corp Bank MICR code for Rampur branch in rampur

The MICR code 244017102 is used in RBI cheque clearing process to identify the branch Rampur 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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