Fedral Bank Jaipur Jaipur Rajasthan MICR CODE

Find MICR Codes for Fedral Bank Jaipur Jaipur Rajasthan

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MICR Code
Bank Federal Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jaipur
Contact Poulose C P, E Mail:Jap@federalbank.Co.In Ph No.: 0141-2360925 (Sm)
Bank Details Federal Bank Ltd Jaipur FDRL0001344
Location Jaipur, Jaipur
City Jaipur
District Jaipur
State Rajasthan
Pincode 302001
Country IN
Address P b no. 412, sanghi upasana towers,, c-98 subhash marg, jaipur, 302 001, rajasthan
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 302049002 for Jaipur 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 302049002 of Federal Bank, Jaipur branch makes the system almost error free and faster. Use of Federal Bank MICR codes for Jaipur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Federal Bank Ltd are available with micr code -

>>Ccsc Jaipur >>Chomu >>Jaipur >>Jaipur Malviya Nagar >>Jaipur Vidhyadhar Nagar >>Vaishali Nagar Jaipur

MICR code for Fedral Bank Jaipur

Fedral Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Federal Bank MICR code for Jaipur 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. 302049002 is the MICR code of Fedral Bank for Jaipur branch. MICR code for Jaipur 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 Federal Bank Jaipur is presented in the table alongside.

Use of Federal Bank MICR code for Jaipur branch in jaipur

The MICR code 302049002 is used in RBI cheque clearing process to identify the branch Jaipur and Federal 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 Fedral Bank is typically in either of these two font’s: E-138 and CMC-7.

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