JK Bank Ferozpur Ferozepur Punjab MICR CODE

Find MICR Codes for JK Bank Ferozpur Ferozepur 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 Ferozepur City
Contact 01632-220741
Bank Details Jammu And Kashmir Bank Ltd Ferozepur City JAKA0FEROZE
Location Ferozpur, Ferozepur
City Ferozpur
District Ferozepur
State Punjab
Pincode 152001
Country IN
Address Mallwali road, near h.m. School, ferozepur city (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 152051002 for Ferozepur City 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 152051002 of Jammu Bank, Ferozepur City branch makes the system almost error free and faster. Use of Jammu Bank MICR codes for Ferozepur City 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 -

>>Ferozepur City

MICR code for JK Bank Ferozepur City

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 Ferozepur City 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. 152051002 is the MICR code of Jammu And Bashmir Bank for Ferozepur City branch. MICR code for Ferozepur City 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 Ferozepur City is presented in the table alongside.

Use of Jammu Bank MICR code for Ferozepur City branch in ferozpur

The MICR code 152051002 is used in RBI cheque clearing process to identify the branch Ferozepur City 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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