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Corporation Bank Vizianagaram Vizianagaram Andhra Pradesh MICR CODE

Find MICR Codes for Corporation Bank Vizianagaram Vizianagaram Andhra Pradesh

MICR Code
Bank Corporation Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Lic Of India Vizianagaram Ec
Contact 08922-220388
Bank Details Corporation Bank Lic Of India Vizianagaram Ec CORP0002124
Location Vizianagaram, Vizianagaram
City Vizianagaram
District Vizianagaram
State Andhra Pradesh
Pincode 535003
Country IN
Address Lic of india, tank bund road, vizianagaram - 535 003
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 535017003 for Lic Of India Vizianagaram 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 535017003 of Corp Bank, Lic Of India Vizianagaram Ec branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Lic Of India Vizianagaram Ec 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 -

>>Lic Of India Vizianagaram Ec >>Vizianagaram

MICR code for Corporation Bank Lic Of India Vizianagaram 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 Lic Of India Vizianagaram 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. 535017003 is the MICR code of Corporation Bank for Lic Of India Vizianagaram Ec branch. MICR code for Lic Of India Vizianagaram 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 Lic Of India Vizianagaram Ec is presented in the table alongside.

Use of Corp Bank MICR code for Lic Of India Vizianagaram Ec branch in vizianagaram

The MICR code 535017003 is used in RBI cheque clearing process to identify the branch Lic Of India Vizianagaram 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.