JK Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for JK Bank Bangalore Bangalore Urban Karnataka

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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 Otc Banglaore
Contact 80-22231253
Bank Details Jammu And Kashmir Bank Ltd Otc Banglaore JAKA0OTCBNG
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560002
Country IN
Address Spa plaza, o.t.c. Road, bangalore-560002
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 560051003 for Otc Banglaore 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 560051003 of Jammu Bank, Otc Banglaore branch makes the system almost error free and faster. Use of Jammu Bank MICR codes for Otc Banglaore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Jammu And Kashmir Bank Ltd are available with micr code -

>>Frazer Town >>Otc Banglaore >>Zonal Office Banglore

MICR code for JK Bank Otc Banglaore

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 Otc Banglaore 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. 560051003 is the MICR code of Jammu And Bashmir Bank for Otc Banglaore branch. MICR code for Otc Banglaore 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 Otc Banglaore is presented in the table alongside.

Use of Jammu Bank MICR code for Otc Banglaore branch in bangalore

The MICR code 560051003 is used in RBI cheque clearing process to identify the branch Otc Banglaore 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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