JK Bank Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for JK Bank Mumbai Greater Bombay Maharashtra

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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 Mahim
Contact 022-24469979
Bank Details Jammu And Kashmir Bank Ltd Mahim JAKA0MAHIMM
Location Mumbai, Greater Bombay
City Mumbai
District Greater Bombay
State Maharashtra
Pincode 400016
Country IN
Address Syed house, 124-a/b, s. V. Savarkar marg, mahim (w), mumbai-400 016.
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 400051011 for Mahim 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 400051011 of Jammu Bank, Mahim branch makes the system almost error free and faster. Use of Jammu Bank MICR codes for Mahim branch, makes the characters readable even if there are other marks and stamps on it.

A total of 11 branches of Jammu And Kashmir Bank Ltd are available with micr code -

>>Andheri (East) >>Bandra (West) >>Fort Mumbai >>Kalbadevi >>Mahim >>Mira Road >>Mohammad Ali Road >>Rcc Mumbai >>Treasury Operations >>Versova >>Vikas Marg

MICR code for JK Bank Mahim

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 Mahim 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. 400051011 is the MICR code of Jammu And Bashmir Bank for Mahim branch. MICR code for Mahim 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 Mahim is presented in the table alongside.

Use of Jammu Bank MICR code for Mahim branch in mumbai

The MICR code 400051011 is used in RBI cheque clearing process to identify the branch Mahim 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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