Corporation Bank Gharaunda Karnal Haryana MICR CODE

Find MICR Codes for Corporation Bank Gharaunda Karnal Haryana

MICR Code
Bank Corporation Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kalron
Contact
Bank Details Corporation Bank Kalron CORP0003437
Location Gharaunda, Karnal
City Gharaunda
District Karnal
State Haryana
Pincode 132114
Country IN
Address 9728648641
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 0 for Kalron 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 0 of Corp Bank, Kalron branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Kalron 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 -

>>Gharaunda >>Kalron

MICR code for Corporation Bank Kalron

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 Kalron 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. 0 is the MICR code of Corporation Bank for Kalron branch. MICR code for Kalron 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 Kalron is presented in the table alongside.

Use of Corp Bank MICR code for Kalron branch in gharaunda

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kalron 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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