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Corporation Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Corporation Bank Bangalore Bangalore Urban Karnataka

Bank
State
District
City
Branch
Address

MICR Code	560017028
Bank	Corporation Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bangalore Rmv Layoutcpbb
Contact	080-23415243
Bank Details	Corporation Bank Bangalore Rmv Layoutcpbb CORP0000582

Location	Bangalore, Bangalore Urban
City	Bangalore
District	Bangalore Urban
State	Karnataka
Pincode	560094
Country	IN
Address	New bel main rd,r.v.extn.,bangalore-560094

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 560017028 for Bangalore Rmv Layoutcpbb 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 560017028 of Corp Bank, Bangalore Rmv Layoutcpbb branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Bangalore Rmv Layoutcpbb branch, makes the characters readable even if there are other marks and stamps on it.

A total of 75 branches of Corporation Bank are available with micr code -

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MICR code for Corporation Bank Bangalore Rmv Layoutcpbb

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 Bangalore Rmv Layoutcpbb 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. 560017028 is the MICR code of Corporation Bank for Bangalore Rmv Layoutcpbb branch. MICR code for Bangalore Rmv Layoutcpbb 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 Bangalore Rmv Layoutcpbb is presented in the table alongside.

Use of Corp Bank MICR code for Bangalore Rmv Layoutcpbb branch in bangalore

The MICR code 560017028 is used in RBI cheque clearing process to identify the branch Bangalore Rmv Layoutcpbb 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.