80, reliable trade centre, ground floor, station road, ratlam-457001
Search Corporation Bank MICR Codes in ratlam
You can search through MICR Codes of Corporation Bank in ratlam District of Madhya Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.
A total of 2 branches of Corporation Bank are available with micr code
How to find MICR codes for Corporation Bank in ratlam?
MICR codes for Corporation Bank in ratlam are given in the table alongside. Details like address and contact numbers are also provided along with the MICR code. Narrow down your search either by selecting any particular city from the drop down list or by selecting the city from Corp Bank MICR codes list in ratlam given on the right side. You can find MICR codes for all Corporation Bank ratlam district of Madhya Pradesh state here.
Corp Bank MICR code in ratlam
Corporation Bank MICR code for ratlam is used in banking industry for processing cheques and MICR stands for Magnetic Ink Character Recognition. It is used to identify the bank branch to which the cheque belongs. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR technology speeds up the whole process compared to manual reading and sorting. MICR code for Corp Bank ratlam branches is present at the bottom of every cheque leaf.
What does Corp Bank MICR code for ratlam comprise of?
Corp Bank MICR code for ratlam is a standard 9 digit code. The MICR number can have only 14 characters viz. the numbers 0-9 and for special symbols- transit, amount, on-us, and dash. Corporation Bank MICR code for Madhya Pradesh branches comprises of the document type indicator, bank code, cheque number, etc. Corporation Bank Madhya Pradesh MICR code uses typically either of these two fonts E-138 and CMC-7. The MICR technology makes the characters readable even if they are obscured by stamps and signatures. This code is used By Reserve bank Of India in clearing process to identify the branch and bank.