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Corporation Bank Bangalore Bangalore Karnataka MICR CODE

Find MICR Codes for Corporation Bank Bangalore Bangalore Karnataka

Bank
State
District
City
Branch
Address

MICR Code	560017080
Bank	Corporation Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Chandapur
Contact	080-7832841 & 7834341
Bank Details	Corporation Bank Chandapur CORP0001164

Location	Bangalore, Bangalore
City	Bangalore
District	Bangalore
State	Karnataka
Pincode	560081
Country	IN
Address	114, cmr complex, hosur main road, near chandapura, anekal tq, bangalore - 560081.

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 560017080 for Chandapur 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 560017080 of Corp Bank, Chandapur branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Chandapur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Corporation Bank are available with micr code -

>>Bangalore Akshay Nagar >>Bangalore Kamakshipalya >>Bangalore Koramangala 8Th Block >>Bangalore Merchant Acquiring Cell >>Bangalore Msm (Sim) Small B >>Bangalore Sanjaynagar >>Bangalore Srei Ec >>Chandapur >>Fts Centre Bangalore >>Service Branch Bangalore

MICR code for Corporation Bank Chandapur

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 Chandapur 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. 560017080 is the MICR code of Corporation Bank for Chandapur branch. MICR code for Chandapur 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 Chandapur is presented in the table alongside.

Use of Corp Bank MICR code for Chandapur branch in bangalore

The MICR code 560017080 is used in RBI cheque clearing process to identify the branch Chandapur 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.