Corporation Bank Hubli Dharwad Dharwad Karnataka MICR CODE

Find MICR Codes for Corporation Bank Hubli Dharwad Dharwad Karnataka

Bank
State
District
City
Branch
Address

MICR Code	580017005
Bank	Corporation Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Hubli Arvindnagar
Contact	0836-2229066
Bank Details	Corporation Bank Hubli Arvindnagar CORP0000347

Location	Hubli Dharwad, Dharwad
City	Hubli Dharwad
District	Dharwad
State	Karnataka
Pincode	580024
Country	IN
Address	Aravindnagar hubli

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 580017005 for Hubli Arvindnagar 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 580017005 of Corp Bank, Hubli Arvindnagar branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Hubli Arvindnagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 13 branches of Corporation Bank are available with micr code -

>>Anchatageri >>Dharwad >>Dharwad High Court Road >>Dharwad Saptapur >>Hubli Arvindnagar >>Hubli Durgad Bail >>Hubli Housing Finance Br >>Hubli N.C.M. >>Hubli Navanagar >>Hubli Retail Loan Hub >>Hubli Vidyanagar Pbb >>Hubli Vishweshwarnagar >>Zonal Office Hubli

MICR code for Corporation Bank Hubli Arvindnagar

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 Hubli Arvindnagar 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. 580017005 is the MICR code of Corporation Bank for Hubli Arvindnagar branch. MICR code for Hubli Arvindnagar 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 Hubli Arvindnagar is presented in the table alongside.

Use of Corp Bank MICR code for Hubli Arvindnagar branch in hubli dharwad

The MICR code 580017005 is used in RBI cheque clearing process to identify the branch Hubli Arvindnagar 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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