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Corporation Bank Karaikal Karaikal Pondicherry MICR CODE

Find MICR Codes for Corporation Bank Karaikal Karaikal Pondicherry

MICR Code
Bank Corporation Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Karaikal Pondicherry
Contact 04368-224260
Bank Details Corporation Bank Karaikal Pondicherry CORP0000621
Location Karaikal, Karaikal
City Karaikal
District Karaikal
State Pondicherry
Pincode 609602
Country IN
Address D.no.71/a,bharathiar street,karaikal,609602
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 609017102 for Karaikal Pondicherry 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 609017102 of Corp Bank, Karaikal Pondicherry branch makes the system almost error free and faster. Use of Corp Bank MICR codes for Karaikal Pondicherry 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 -

>>Karaikal Pondicherry

MICR code for Corporation Bank Karaikal Pondicherry

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 Karaikal Pondicherry 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. 609017102 is the MICR code of Corporation Bank for Karaikal Pondicherry branch. MICR code for Karaikal Pondicherry 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 Karaikal Pondicherry is presented in the table alongside.

Use of Corp Bank MICR code for Karaikal Pondicherry branch in karaikal

The MICR code 609017102 is used in RBI cheque clearing process to identify the branch Karaikal Pondicherry 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.