JK Bank Poonch Poonch Jammu And Kashmir MICR CODE

Find MICR Codes for JK Bank Poonch Poonch Jammu And Kashmir

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MICR Code
Bank Jammu And Kashmir Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Balakote
Contact 9469101611
Bank Details Jammu And Kashmir Bank Ltd Balakote JAKA0BALAKO
Location Poonch, Poonch
City Poonch
District Poonch
State Jammu And Kashmir
Pincode 185211
Country IN
Address Post office dhargloon, mendhar, poonch, jammu, jk pin 185211
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 Balakote 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 Jammu Bank, Balakote branch makes the system almost error free and faster. Use of Jammu Bank MICR codes for Balakote branch, makes the characters readable even if there are other marks and stamps on it.

A total of 13 branches of Jammu And Kashmir Bank Ltd are available with micr code -

>>Ajote >>Arai Poonch >>Ari >>Balakote >>Bufliaz Poonch >>Bus Stand Poonch >>Ebu Seri Khawaja >>Khanetar Kanuyian Poonch >>Lcu Poonch >>P C Poonch >>Poonch Main >>Sawjian Poonch >>Sheri I Kashmir Bridge

MICR code for JK Bank Balakote

JK Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Jammu Bank MICR code for Balakote 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 Jammu And Bashmir Bank for Balakote branch. MICR code for Balakote 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 Jammu Bank Balakote is presented in the table alongside.

Use of Jammu Bank MICR code for Balakote branch in poonch

The MICR code 0 is used in RBI cheque clearing process to identify the branch Balakote and Jammu 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 Jammu And Bashmir Bank is typically in either of these two font’s: E-138 and CMC-7.

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