Jalgaon Peoples Co-Op Bank Pune Pune Maharashtra MICR CODE

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

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MICR Code
Bank The Jalgaon Peoples Co-op Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hadapsar Branch
Contact (020) 26812852
Bank Details The Jalgaon Peoples Co-op Bank Hadapsar Branch JPCB0000018
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode
Country IN
Address 104, s.no.84, vaibhav ,commercial complex, pune-solapur road, hadapsar-pune
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 411109255 for Hadapsar Branch 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 411109255 of Jalgaon Peoples Bank, Hadapsar Branch branch makes the system almost error free and faster. Use of Jalgaon Peoples Bank MICR codes for Hadapsar Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of The Jalgaon Peoples Co-op Bank are available with micr code -

>>Akurdi >>Hadapsar Branch >>Paud Road Branch >>Sangavi Branch >>Sinhgad Road

MICR code for Jalgaon Peoples Co-Op Bank Hadapsar Branch

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 Hadapsar Branch 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. 411109255 is the MICR code of Jalgaon Peoples Co-Op Bank for Hadapsar Branch branch. MICR code for Hadapsar Branch 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 Hadapsar Branch is presented in the table alongside.

Use of Jalgaon Peoples Bank MICR code for Hadapsar Branch branch in pune

The MICR code 411109255 is used in RBI cheque clearing process to identify the branch Hadapsar Branch 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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