JK Bank Bandipora Bandipora Jammu And Kashmir MICR CODE

Find MICR Codes for JK Bank Bandipora Bandipora 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 Shadipora
Contact 9469035436
Bank Details Jammu And Kashmir Bank Ltd Shadipora JAKA0SHADPR
Location Bandipora, Bandipora
City Bandipora
District Bandipora
State Jammu And Kashmir
Pincode 193502
Country IN
Address Village-shadipora, disrict-bandipora, jk, pin-193502
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 Shadipora 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, Shadipora branch makes the system almost error free and faster. Use of Jammu Bank MICR codes for Shadipora branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for JK Bank Shadipora

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

Use of Jammu Bank MICR code for Shadipora branch in bandipora

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