Corporation Bank Valasana Mahesana Gujarat MICR CODE

Find MICR Codes for Corporation Bank Valasana Mahesana Gujarat

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MICR Code
Bank Corporation Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Valasan
Contact
Bank Details Corporation Bank Valasan CORP0001502
Location Valasana, Mahesana
City Valasana
District Mahesana
State Gujarat
Pincode 388326
Country IN
Address No.9 patel society, ground floor, opp.swaminarayan mandir, valasan, dist anand, -388326
MICR Code
Bank Corporation Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Valasan
Contact
Bank Details Corporation Bank Valasan CORP0001488
Location Valasana, Mahesana
City Valasana
District Mahesana
State Gujarat
Pincode 388326
Country IN
Address No.9 patel society, ground floor, opp.swaminarayan mandir, valasan, dist anand, -388326
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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 Valasan 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, Valasan branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Valasan branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Corporation Bank are available with micr code -

>>Valasan >>Valasan >>Valasan

MICR code for Corporation Bank Valasan

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 Valasan 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 Valasan branch. MICR code for Valasan 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 Valasan is presented in the table alongside.

Use of Corp Bank MICR code for Valasan branch in valasana

The MICR code 0 is used in RBI cheque clearing process to identify the branch Valasan 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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