Akola Janata Commercial Bank Akola Akola Maharashtra MICR CODE

Find MICR Codes for Akola Janata Commercial Bank Akola Akola Maharashtra

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MICR Code
Bank The Akola Janata Commercial Co-operative Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Main Branch
Contact 0724 - 2430012, 2430241, 2430639
Bank Details The Akola Janata Commercial Co-operative Bank Main Branch AKJB0000001
Location Akola, Akola
City Akola
District Akola
State Maharashtra
Pincode 444001
Country IN
Address Janvaibhav, old cotton market, akola, pin 444001
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 444364001 for Main Branch 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 444364001 of Akola Janata Commercial Co-Operative Bank, Main Branch branch makes the system almost error free and faster. Use of Akola Janata Commercial Co-Operative Bank MICR codes for Main Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of The Akola Janata Commercial Co-operative Bank are available with micr code -

>>Akot Road >>Gorakshan Road >>Main Branch >>Malkapur Road >>Murtizapur >>Old City >>Service Center >>Sindhi Camp >>Tajnapeth >>Tapadia Nagar

MICR code for Akola Janata Commercial Bank Main Branch

Akola Janata Commercial Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Akola Janata Commercial Co-Operative Bank MICR code for Main Branch 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. 444364001 is the MICR code of Akola Janata Commercial Co-Op Bank for Main Branch branch. MICR code for Main Branch 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 Akola Janata Commercial Co-Operative Bank Main Branch is presented in the table alongside.

Use of Akola Janata Commercial Co-Operative Bank MICR code for Main Branch branch in akola

The MICR code 444364001 is used in RBI cheque clearing process to identify the branch Main Branch and Akola Janata Commercial Co-Operative 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 Akola Janata Commercial Co-Op Bank is typically in either of these two font’s: E-138 and CMC-7.

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