Jalgaon Peoples Co-Op Bank Aurangabad Aurangabad Maharashtra MICR CODE

Find MICR Codes for Jalgaon Peoples Co-Op Bank Aurangabad Aurangabad Maharashtra

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MICR Code	431836003
Bank	The Jalgaon Peoples Co-op Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Aurangabad Hudco
Contact	2380355
Bank Details	The Jalgaon Peoples Co-op Bank Aurangabad Hudco JPCB0000028

Location	Aurangabad, Aurangabad
City	Aurangabad
District	Aurangabad
State	Maharashtra
Pincode	431003
Country	IN
Address	Plot no. 4, n-9/k, s.no 18/p,nr. Tv center, hudco

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 431836003 for Aurangabad Hudco 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 431836003 of Jalgaon Peoples Bank, Aurangabad Hudco branch makes the system almost error free and faster. Use of Jalgaon Peoples Bank MICR codes for Aurangabad Hudco branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of The Jalgaon Peoples Co-op Bank are available with micr code -

>>Aurangabad Branch >>Aurangabad Hudco

MICR code for Jalgaon Peoples Co-Op Bank Aurangabad Hudco

Jalgaon Peoples Co-Op Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Jalgaon Peoples Bank MICR code for Aurangabad Hudco 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. 431836003 is the MICR code of Jalgaon Peoples Co-Op Bank for Aurangabad Hudco branch. MICR code for Aurangabad Hudco 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 Jalgaon Peoples Bank Aurangabad Hudco is presented in the table alongside.

Use of Jalgaon Peoples Bank MICR code for Aurangabad Hudco branch in aurangabad

The MICR code 431836003 is used in RBI cheque clearing process to identify the branch Aurangabad Hudco and Jalgaon Peoples 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 Jalgaon Peoples Co-Op Bank is typically in either of these two font’s: E-138 and CMC-7.

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