Corporation Bank Vadodara Vadodara Gujarat MICR CODE

Find MICR Codes for Corporation Bank Vadodara Vadodara Gujarat

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MICR Code	390017003
Bank	Corporation Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Vadodara D.B
Contact	0265-2411908
Bank Details	Corporation Bank Vadodara D.B CORP0000155

Location	Vadodara, Vadodara
City	Vadodara
District	Vadodara
State	Gujarat
Pincode	390001
Country	IN
Address	Pratik chambers,dandia bazar,vadodara,390001

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 390017003 for Vadodara D.B 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 390017003 of Corp Bank, Vadodara D.B branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Vadodara D.B branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of Corporation Bank are available with micr code -

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MICR code for Corporation Bank Vadodara D.B

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 Vadodara D.B 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. 390017003 is the MICR code of Corporation Bank for Vadodara D.B branch. MICR code for Vadodara D.B 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 Vadodara D.B is presented in the table alongside.

Use of Corp Bank MICR code for Vadodara D.B branch in vadodara

The MICR code 390017003 is used in RBI cheque clearing process to identify the branch Vadodara D.B 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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