Quick CORPORATION BANK PUNJAB ifsc code Search Tool : CORPORATION BANK IFSC Code, MICR Code & Bank Branches Information

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What is CORPORATION BANK PUNJAB ifsc code

IFSC Code (The Indian Financial System Code) is an alphanumeric code which is used to transfer electronic funds in India.

CORPORATION BANK PUNJAB ifsc code is a Unique code which identifies each bank branch. The main purpose of IFSC Code is to participate each bank branch in the two main payment and settlement systems in India.

1) RTGS : Real Time Gross Settlement
2) NEFT : National Electronic Fund Transfer

CORPORATION BANK PUNJAB ifsc code Format:

The IFSC Code is an 11-characters code. First four alphabetic characters ( position 1 to 4) represents BankName and Last Six charactes ( Position from 6-11) which can be alphanumeric represents Bank Branch. The fifth character is 0 (zero) which is reserved for future use.

1	2	3	4	5	6	7	8	9	10	11
Bank Code				0	Branch Code

For Example :

CORPORATION BANK PUNJAB ifsc code : CORP0000307 is 11 digit Unique IFSC Code.

First 4 characters represents Bank Code : CORP for Bank : CORPORATION BANK

5th character is Zero and it is reserved for future reference

Last 6 characters represents Branch Code : 000307 for Bank Branch AMRITSAR

What is MICR Code for corporation bank punjab

MICR code for corporation bank punjab represents Magnetic Ink Character Recognition technology which is printed on cheques. This MICR Code is used for the identification of the cheques for faster processing.

MICR Code is a Unique code which identifies each bank branch. The main purpose of MICR Code is to participate each bank branch in an Electronic Clearing System (ECS).

Where is MICR Code for corporation bank punjab on Cheque:

MICR Code for corporation bank punjab can be found at the bottom of the cheque. As shown in above image MICR Code is shown inside Red rectangle at the bottom of the cheque.

MICR Code Format for corporation bank punjab :

MICR Code for corporation bank punjab is an 9-digit code. First three digits ( position 1 to 3) represents City Code, Next 3 Digits ( Position from 4-7) Bank Code and Last 3 Digits ( Position from 7-9) represents Branch Code.

1	2	3	4	5	6	7	8	9
City Code			Bank Code			Branch Code

For Example :

MICR Code for CORPORATION BANK : 143017002 is 9 digit Unique MICR Code.

First 3 digits represents CityCode Code : 143 for City : AMRITSAR

Middle 3 digits reprents Bank Code: 017 for Bank : CORPORATION BANK

Last 3 digits represents Branch Code : 700 for Bank Branch AMRITSAR

CORPORATION BANK All City IFSC Code List for State PUNJAB

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