Corporation Bank Puttur Dakshina Kannada Karnataka MICR CODE

Find MICR Codes for Corporation Bank Puttur Dakshina Kannada Karnataka

MICR Code
Bank Corporation Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Puttur Darbe
Contact 08251-230428
Bank Details Corporation Bank Puttur Darbe CORP0002002
Location Puttur, Dakshina Kannada
City Puttur
District Dakshina Kannada
State Karnataka
Pincode 574202
Country IN
Address St.philomina college-puttur, durbe, puttur-574202
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 574017103 for Puttur Darbe 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 574017103 of Corp Bank, Puttur Darbe branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Puttur Darbe branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Corporation Bank are available with micr code -

>>Puttur >>Puttur Bolwar >>Puttur Darbe

MICR code for Corporation Bank Puttur Darbe

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 Puttur Darbe 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. 574017103 is the MICR code of Corporation Bank for Puttur Darbe branch. MICR code for Puttur Darbe 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 Puttur Darbe is presented in the table alongside.

Use of Corp Bank MICR code for Puttur Darbe branch in puttur

The MICR code 574017103 is used in RBI cheque clearing process to identify the branch Puttur Darbe 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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