Corporation Bank Sakleshpur Hassan Karnataka MICR CODE

Find MICR Codes for Corporation Bank Sakleshpur Hassan Karnataka

Bank
State
District
City
Branch
Address

MICR Code	573017102
Bank	Corporation Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Sakleshpur
Contact	08173- 244026
Bank Details	Corporation Bank Sakleshpur CORP0000009

Location	Sakleshpur, Hassan
City	Sakleshpur
District	Hassan
State	Karnataka
Pincode	573134
Country	IN
Address	56, bm road, pbno.5, hemavathi complex,sakleshpur,573134

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 573017102 for Sakleshpur 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 573017102 of Corp Bank, Sakleshpur branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Sakleshpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Corporation Bank are available with micr code -

>>Sakleshpur

MICR code for Corporation Bank Sakleshpur

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 Sakleshpur 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. 573017102 is the MICR code of Corporation Bank for Sakleshpur branch. MICR code for Sakleshpur 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 Sakleshpur is presented in the table alongside.

Use of Corp Bank MICR code for Sakleshpur branch in sakleshpur

The MICR code 573017102 is used in RBI cheque clearing process to identify the branch Sakleshpur 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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