JK Bank Fatehgarh Sahib Fatehgarh Saheb Punjab MICR CODE

Find MICR Codes for JK Bank Fatehgarh Sahib Fatehgarh Saheb 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 Gobindgarh
Contact 01765-242224
Bank Details Jammu And Kashmir Bank Ltd Gobindgarh JAKA0GOBIND
Location Fatehgarh Sahib, Fatehgarh Saheb
City Fatehgarh Sahib
District Fatehgarh Saheb
State Punjab
Pincode 147301
Country IN
Address Loha mandi, g.t.road, mandi gobind garh (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 0 for Gobindgarh 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, Gobindgarh branch makes the system almost error free and faster. Use of Jammu Bank MICR codes for Gobindgarh 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 -

>>Gobindgarh

MICR code for JK Bank Gobindgarh

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

Use of Jammu Bank MICR code for Gobindgarh branch in fatehgarh sahib

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