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Corporation Bank Hassan Hassan Karnataka MICR CODE

Find MICR Codes for Corporation Bank Hassan Hassan Karnataka

MICR Code
Bank Corporation Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ksourc Hassan Ec
Contact 08172-231613
Bank Details Corporation Bank Ksourc Hassan Ec CORP0002129
Location Hassan, Hassan
City Hassan
District Hassan
State Karnataka
Pincode 573201
Country IN
Address Ksou, regional centre, 786, 4th cross, sampige rdhassan-573201
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 Ksourc Hassan Ec 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, Ksourc Hassan Ec branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Ksourc Hassan Ec branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Corporation Bank are available with micr code -

>>Doddmandiganahalli >>Hassan >>Hassan Currency Chest >>Hassan Salagame Road >>Kittane >>Ksourc Hassan Ec

MICR code for Corporation Bank Ksourc Hassan Ec

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 Ksourc Hassan Ec 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 Ksourc Hassan Ec branch. MICR code for Ksourc Hassan Ec 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 Ksourc Hassan Ec is presented in the table alongside.

Use of Corp Bank MICR code for Ksourc Hassan Ec branch in hassan

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ksourc Hassan Ec 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.