JK Bank Ludhiana Ludhiana Punjab MICR CODE

Find MICR Codes for JK Bank Ludhiana Ludhiana 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 Chuara Bazar
Contact 011-23272400
Bank Details Jammu And Kashmir Bank Ltd Chuara Bazar JAKA0LUDHIA
Location Ludhiana, Ludhiana
City Ludhiana
District Ludhiana
State Punjab
Pincode 141008
Country IN
Address Chaura bazar, ludhaina (punjab)
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 141051002 for Chuara Bazar 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 141051002 of Jammu Bank, Chuara Bazar branch makes the system almost error free and faster. Use of Jammu Bank MICR codes for Chuara Bazar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Jammu And Kashmir Bank Ltd are available with micr code -

>>Chuara Bazar >>Induatrial Area Ludhiana >>Khanna

MICR code for JK Bank Chuara Bazar

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 Chuara Bazar 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. 141051002 is the MICR code of Jammu And Bashmir Bank for Chuara Bazar branch. MICR code for Chuara Bazar 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 Chuara Bazar is presented in the table alongside.

Use of Jammu Bank MICR code for Chuara Bazar branch in ludhiana

The MICR code 141051002 is used in RBI cheque clearing process to identify the branch Chuara Bazar 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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