JK Bank Budgam Budgam Jammu And Kashmir MICR CODE

Find MICR Codes for JK Bank Budgam Budgam Jammu And Kashmir

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MICR Code	-NA-
Bank	Jammu And Kashmir Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	New Bus Stand Budgam
Contact	0-8803069677
Bank Details	Jammu And Kashmir Bank Ltd New Bus Stand Budgam JAKA0BUSBUD

Location	Budgam, Budgam
City	Budgam
District	Budgam
State	Jammu And Kashmir
Pincode
Country	IN
Address	New bus stand budgam , tehsil budgam , district budgam

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 New Bus Stand Budgam 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, New Bus Stand Budgam branch makes the system almost error free and faster. Use of Jammu Bank MICR codes for New Bus Stand Budgam branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of Jammu And Kashmir Bank Ltd are available with micr code -

>>Beerwa Budgam >>Chadura Budgam >>Ebu Ari Panthan >>Ebu Chandapora >>Ebu Gundipora >>Ebu Kawoosa Khalisa >>Ebu Yarikhak >>Jawalapora >>Krimshore Budgam >>Narkara Budgam >>New Bus Stand Budgam >>Pakherpora Budgam

MICR code for JK Bank New Bus Stand Budgam

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 New Bus Stand Budgam 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 New Bus Stand Budgam branch. MICR code for New Bus Stand Budgam 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 New Bus Stand Budgam is presented in the table alongside.

Use of Jammu Bank MICR code for New Bus Stand Budgam branch in budgam

The MICR code 0 is used in RBI cheque clearing process to identify the branch New Bus Stand Budgam 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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