JK Bank Rajouri Rajouri Jammu And Kashmir MICR CODE

Find MICR Codes for JK Bank Rajouri Rajouri 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 Bus Stand Mendher
Contact 9419197608
Bank Details Jammu And Kashmir Bank Ltd Bus Stand Mendher JAKA0BSMEND
Location Rajouri, Rajouri
City Rajouri
District Rajouri
State Jammu And Kashmir
Pincode 185132
Country IN
Address Near bus stand mendher,poonch pin-185111
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 Bus Stand Mendher 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, Bus Stand Mendher branch makes the system almost error free and faster. Use of Jammu Bank MICR codes for Bus Stand Mendher branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for JK Bank Bus Stand Mendher

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 Bus Stand Mendher 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 Bus Stand Mendher branch. MICR code for Bus Stand Mendher 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 Bus Stand Mendher is presented in the table alongside.

Use of Jammu Bank MICR code for Bus Stand Mendher branch in rajouri

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bus Stand Mendher 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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