JK Bank Pune Pune Pimpri Chinchwad Maharashtra MICR CODE

Find MICR Codes for JK Bank Pune Pune Pimpri Chinchwad Maharashtra

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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 Wakad Pune
Contact -8717042067
Bank Details Jammu And Kashmir Bank Ltd Wakad Pune JAKA0WAKKAD
Location Pune, Pune Pimpri Chinchwad
City Pune
District Pune Pimpri Chinchwad
State Maharashtra
Pincode 411057
Country IN
Address Shop no 1 2 ground floor mi commercia building wakad tehsil mulshi district pune, maharashtra, pin 411057.landmark near pink city society wakad
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 Wakad Pune 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, Wakad Pune branch makes the system almost error free and faster. Use of Jammu Bank MICR codes for Wakad Pune 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 -

>>Wakad Pune

MICR code for JK Bank Wakad Pune

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 Wakad Pune 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 Wakad Pune branch. MICR code for Wakad Pune 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 Wakad Pune is presented in the table alongside.

Use of Jammu Bank MICR code for Wakad Pune branch in pune

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