Corporation Bank Dehradun Dehradun Uttrakhand MICR CODE

Find MICR Codes for Corporation Bank Dehradun Dehradun Uttrakhand

MICR Code
Bank Corporation Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dehradun Lic
Contact 0135-22711856
Bank Details Corporation Bank Dehradun Lic CORP0000736
Location Dehradun, Dehradun
City Dehradun
District Dehradun
State Uttrakhand
Pincode 248001
Country IN
Address Lic of india, cbo-i bldg.,connaught place, dehradun 248001
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 248017003 for Dehradun Lic 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 248017003 of Corp Bank, Dehradun Lic branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Dehradun Lic branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Corporation Bank are available with micr code -

>>Dehradun Lic >>Dehradun Main

MICR code for Corporation Bank Dehradun Lic

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 Dehradun Lic 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. 248017003 is the MICR code of Corporation Bank for Dehradun Lic branch. MICR code for Dehradun Lic 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 Dehradun Lic is presented in the table alongside.

Use of Corp Bank MICR code for Dehradun Lic branch in dehradun

The MICR code 248017003 is used in RBI cheque clearing process to identify the branch Dehradun Lic 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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