JK Bank Sahibzada Ajit Singh Nagar Sas Nagar Punjab MICR CODE

Find MICR Codes for JK Bank Sahibzada Ajit Singh Nagar Sas Nagar Punjab

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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 Chandigarh University Gharaun
Contact 9906399347
Bank Details Jammu And Kashmir Bank Ltd Chandigarh University Gharaun JAKA0GHARUN
Location Sahibzada Ajit Singh Nagar, Sas Nagar
City Sahibzada Ajit Singh Nagar
District Sas Nagar
State Punjab
Pincode 140413
Country IN
Address Chandigarh university, gharaun campus, ludhiana road, sas nagar mohali (punjab) - 140413
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 Chandigarh University Gharaun 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, Chandigarh University Gharaun branch makes the system almost error free and faster. Use of Jammu Bank MICR codes for Chandigarh University Gharaun branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Jammu And Kashmir Bank Ltd are available with micr code -

>>Chandigarh University Gharaun

MICR code for JK Bank Chandigarh University Gharaun

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 Chandigarh University Gharaun 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 Chandigarh University Gharaun branch. MICR code for Chandigarh University Gharaun 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 Chandigarh University Gharaun is presented in the table alongside.

Use of Jammu Bank MICR code for Chandigarh University Gharaun branch in sahibzada ajit singh nagar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Chandigarh University Gharaun 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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