JK Bank Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for JK Bank Delhi New Delhi New Delhi

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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 Regional Collection Centre
Contact 01123364472/01123348794
Bank Details Jammu And Kashmir Bank Ltd Regional Collection Centre JAKA0CIRCLE
Location Delhi, New Delhi
City Delhi
District New Delhi
State New Delhi
Pincode 110001
Country IN
Address Regional collection centre, emporium building, baba kharag singh marg, cannaught place, new delhi - 110001
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 110051001 for Regional Collection Centre 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 110051001 of Jammu Bank, Regional Collection Centre branch makes the system almost error free and faster. Use of Jammu Bank MICR codes for Regional Collection Centre branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for JK Bank Regional Collection Centre

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 Regional Collection Centre 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. 110051001 is the MICR code of Jammu And Bashmir Bank for Regional Collection Centre branch. MICR code for Regional Collection Centre 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 Regional Collection Centre is presented in the table alongside.

Use of Jammu Bank MICR code for Regional Collection Centre branch in delhi

The MICR code 110051001 is used in RBI cheque clearing process to identify the branch Regional Collection Centre 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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