CORPORATION BANK, Dera Bassi

MICR Codes for other Branches of Corporation Bank In "Dera Bassi"

MICR Code for CORPORATION BANKPunjab

The MICR code for a CORPORATION BANK is a machine readable code that is used for processing and clearance of cheques. The code helps to identify the bank branch to which the cheque belongs. It is used when cheque goes for clearing, where the magnetic reader reads the code and it gets sorted automatically. This code speeds up the clearance process.

The MICR code for CORPORATION BANK is printed on the bottom of every cheque leaf of the CORPORATION BANK.

Decoding-160017007

160017007 the MICR code of CORPORATION BANK,Dera BassiPunjab.

• The first 3 characters, i.e. 160 is the first three characters of PIN (Postal Index Number)
• The next three characters, i.e. 017 depicts the bank number of CORPORATION BANK
• The last three charters, i.e. 007 depicts theDera Bassi ofDera Bassi.

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