JK Bank Poonch Mandi Jammu And Kashmir MICR CODE

Find MICR Codes for JK Bank Poonch Mandi 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 Sathra
Contact 9697241403
Bank Details Jammu And Kashmir Bank Ltd Sathra JAKA0SATHRA
Location Poonch, Mandi
City Poonch
District Mandi
State Jammu And Kashmir
Pincode 185102
Country IN
Address Village & post office- sathra, tehsil-mandi, district-poonch, j&k, pin-185102
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 Sathra 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, Sathra branch makes the system almost error free and faster. Use of Jammu Bank MICR codes for Sathra branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Jammu And Kashmir Bank Ltd are available with micr code -

>>Sathra

MICR code for JK Bank Sathra

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 Sathra 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 Sathra branch. MICR code for Sathra 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 Sathra is presented in the table alongside.

Use of Jammu Bank MICR code for Sathra branch in poonch

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