Fedral Bank Jangamakote Kollar Karnataka MICR CODE

Find MICR Codes for Fedral Bank Jangamakote Kollar Karnataka

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MICR Code
Bank Federal Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jangamakote Cross
Contact Jge@federalbank.Co.In
Bank Details Federal Bank Ltd Jangamakote Cross FDRL0002169
Location Jangamakote, Kollar
City Jangamakote
District Kollar
State Karnataka
Pincode 313001
Country IN
Address The federal bank ltd no. 295, hosapet village,jangamakote cross, shidlaghtta taluk, chikballapur dist. Pin. 562 102 rajasthan 313001
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 0 for Jangamakote Cross 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 0 of Federal Bank, Jangamakote Cross branch makes the system almost error free and faster. Use of Federal Bank MICR codes for Jangamakote Cross branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Federal Bank Ltd are available with micr code -

>>Jangamakote Cross

MICR code for Fedral Bank Jangamakote Cross

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 Jangamakote Cross 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. 0 is the MICR code of Fedral Bank for Jangamakote Cross branch. MICR code for Jangamakote Cross 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 Jangamakote Cross is presented in the table alongside.

Use of Federal Bank MICR code for Jangamakote Cross branch in jangamakote

The MICR code 0 is used in RBI cheque clearing process to identify the branch Jangamakote Cross 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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