Corporation Bank Mangalore Dakshina Kannada Karnataka MICR CODE

Find MICR Codes for Corporation Bank Mangalore Dakshina Kannada Karnataka

MICR Code
Bank Corporation Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kuthethurm R Pl
Contact
Bank Details Corporation Bank Kuthethurm R Pl CORP0000592
Location Mangalore, Dakshina Kannada
City Mangalore
District Dakshina Kannada
State Karnataka
Pincode 574149
Country IN
Address M r p l project site kuthethoor post via katipalla mangalore 574149
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 575017015 for Kuthethurm R Pl 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 575017015 of Corp Bank, Kuthethurm R Pl branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Kuthethurm R Pl branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Corporation Bank Kuthethurm R Pl

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 Kuthethurm R Pl 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. 575017015 is the MICR code of Corporation Bank for Kuthethurm R Pl branch. MICR code for Kuthethurm R Pl 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 Kuthethurm R Pl is presented in the table alongside.

Use of Corp Bank MICR code for Kuthethurm R Pl branch in mangalore

The MICR code 575017015 is used in RBI cheque clearing process to identify the branch Kuthethurm R Pl 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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