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 Chokian
Contact 91-7780966715
Bank Details Jammu And Kashmir Bank Ltd Chokian JAKA0EBCHOK
Location Rajouri, Rajouri
City Rajouri
District Rajouri
State Jammu And Kashmir
Pincode
Country IN
Address Chokian darhal, rajouri
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 Chokian 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, Chokian branch makes the system almost error free and faster. Use of Jammu Bank MICR codes for Chokian branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for JK Bank Chokian

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 Chokian 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 Chokian branch. MICR code for Chokian 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 Chokian is presented in the table alongside.

Use of Jammu Bank MICR code for Chokian branch in rajouri

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