Corporation Bank Shahjahanpur Shahjahanpur Uttar Pradesh MICR CODE

Find MICR Codes for Corporation Bank Shahjahanpur Shahjahanpur Uttar Pradesh

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	242017002
Bank	Corporation Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Shahjahanpur
Contact	05842-280824 & 280825
Bank Details	Corporation Bank Shahjahanpur CORP0001150

Location	Shahjahanpur, Shahjahanpur
City	Shahjahanpur
District	Shahjahanpur
State	Uttar Pradesh
Pincode	242001
Country	IN
Address	Seth enclave, opp. Pwd guest house, near court, shahjahanpur[uttar pradesh]

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 242017002 for Shahjahanpur 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 242017002 of Corp Bank, Shahjahanpur branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Shahjahanpur 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 -

>>Shahjahanpur

MICR code for Corporation Bank Shahjahanpur

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 Shahjahanpur 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. 242017002 is the MICR code of Corporation Bank for Shahjahanpur branch. MICR code for Shahjahanpur 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 Shahjahanpur is presented in the table alongside.

Use of Corp Bank MICR code for Shahjahanpur branch in shahjahanpur

The MICR code 242017002 is used in RBI cheque clearing process to identify the branch Shahjahanpur 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.

Copied!