Corporation Bank Surat Surat Gujarat MICR CODE

Find MICR Codes for Corporation Bank Surat Surat Gujarat

Bank
State
District
City
Branch
Address

MICR Code	395017003
Bank	Corporation Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Surat Parle Point
Contact	0261-2259030
Bank Details	Corporation Bank Surat Parle Point CORP0001015

Location	Surat, Surat
City	Surat
District	Surat
State	Gujarat
Pincode	395007
Country	IN
Address	116-118,parle point place , surat, gujarat

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 395017003 for Surat Parle Point 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 395017003 of Corp Bank, Surat Parle Point branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Surat Parle Point branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Corporation Bank are available with micr code -

>>Adajan Surat >>Katargam >>Pandesara >>Surat >>Surat Parle Point >>Tadambail >>Vayara

MICR code for Corporation Bank Surat Parle Point

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 Surat Parle Point 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. 395017003 is the MICR code of Corporation Bank for Surat Parle Point branch. MICR code for Surat Parle Point 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 Surat Parle Point is presented in the table alongside.

Use of Corp Bank MICR code for Surat Parle Point branch in surat

The MICR code 395017003 is used in RBI cheque clearing process to identify the branch Surat Parle Point 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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