Corporation Bank Mysore Mysore Karnataka MICR CODE

Find MICR Codes for Corporation Bank Mysore Mysore Karnataka

Bank
State
District
City
Branch
Address

MICR Code	570017005
Bank	Corporation Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mysore S.Layout
Contact	0821-2472288
Bank Details	Corporation Bank Mysore S.Layout CORP0000376

Location	Mysore, Mysore
City	Mysore
District	Mysore
State	Karnataka
Pincode	570011
Country	IN
Address	Ft. Road,siddartha layout,mysore,570011

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 570017005 for Mysore S.Layout 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 570017005 of Corp Bank, Mysore S.Layout branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Mysore S.Layout branch, makes the characters readable even if there are other marks and stamps on it.

A total of 17 branches of Corporation Bank are available with micr code -

>>K R Nagara >>Mysore Bannimantap Extn Cpbb >>Mysore J.P Nagar >>Mysore Kamakshi Hospital Ec >>Mysore Kuvempu Nagar Cpbb >>Mysore Lakshmipuram >>Mysore Main >>Mysore Niveditanagar >>Mysore Ramakrishnanagar >>Mysore S.Layout >>Mysore Vantikoppal >>Mysore Vijayanagar >>Mysore Vijayanagar Stage Iv >>Mysuru Hootagalli >>Mysuru S V Patel Nagar >>Service Branch Mysore >>Srirangapatna

MICR code for Corporation Bank Mysore S.Layout

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 Mysore S.Layout 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. 570017005 is the MICR code of Corporation Bank for Mysore S.Layout branch. MICR code for Mysore S.Layout 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 Mysore S.Layout is presented in the table alongside.

Use of Corp Bank MICR code for Mysore S.Layout branch in mysore

The MICR code 570017005 is used in RBI cheque clearing process to identify the branch Mysore S.Layout 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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