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 Loharakote Sunderbani
Contact 9906104003
Bank Details Jammu And Kashmir Bank Ltd Loharakote Sunderbani JAKA0LOHARA
Location Rajouri, Rajouri
City Rajouri
District Rajouri
State Jammu And Kashmir
Pincode 185153
Country IN
Address Near lic office loharakote, sunderbani, rajouri pin 185153
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 Loharakote Sunderbani 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, Loharakote Sunderbani branch makes the system almost error free and faster. Use of Jammu Bank MICR codes for Loharakote Sunderbani branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for JK Bank Loharakote Sunderbani

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 Loharakote Sunderbani 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 Loharakote Sunderbani branch. MICR code for Loharakote Sunderbani 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 Loharakote Sunderbani is presented in the table alongside.

Use of Jammu Bank MICR code for Loharakote Sunderbani branch in rajouri

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