JK Bank Rupnagar Mohali Punjab MICR CODE

Find MICR Codes for JK Bank Rupnagar Mohali 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 Lcu Mohali
Contact 0-9803081365
Bank Details Jammu And Kashmir Bank Ltd Lcu Mohali JAKA0LCUMOH
Location Rupnagar, Mohali
City Rupnagar
District Mohali
State Punjab
Pincode
Country IN
Address Opposite bassi theather, sector-54,phase 2
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 Lcu Mohali 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, Lcu Mohali branch makes the system almost error free and faster. Use of Jammu Bank MICR codes for Lcu Mohali 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 -

>>Lcu Mohali

MICR code for JK Bank Lcu Mohali

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 Lcu Mohali 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 Lcu Mohali branch. MICR code for Lcu Mohali 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 Lcu Mohali is presented in the table alongside.

Use of Jammu Bank MICR code for Lcu Mohali branch in rupnagar

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