Corporation Bank Kolar Gold Fields Kolar Karnataka MICR CODE

Find MICR Codes for Corporation Bank Kolar Gold Fields Kolar Karnataka

Bank
State
District
City
Branch
Address

MICR Code	563017202
Bank	Corporation Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	K.G.F. Robertsonpet
Contact	08153-2260262
Bank Details	Corporation Bank K.G.F. Robertsonpet CORP0000194

Location	Kolar Gold Fields, Kolar
City	Kolar Gold Fields
District	Kolar
State	Karnataka
Pincode	563122
Country	IN
Address	B.m.rd,pbno. 22,robertsonpet,kolar gold fields,563122

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 563017202 for K.G.F. Robertsonpet 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 563017202 of Corp Bank, K.G.F. Robertsonpet branch makes the system almost error free and faster. Use of Corp Bank MICR codes for K.G.F. Robertsonpet branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Corporation Bank are available with micr code -

>>K.G.F. Robertsonpet

MICR code for Corporation Bank K.G.F. Robertsonpet

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 K.G.F. Robertsonpet 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. 563017202 is the MICR code of Corporation Bank for K.G.F. Robertsonpet branch. MICR code for K.G.F. Robertsonpet 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 K.G.F. Robertsonpet is presented in the table alongside.

Use of Corp Bank MICR code for K.G.F. Robertsonpet branch in kolar gold fields

The MICR code 563017202 is used in RBI cheque clearing process to identify the branch K.G.F. Robertsonpet 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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