Jalgaon Janata Bank Parola Jalgaon Maharashtra MICR CODE

Find MICR Codes for Jalgaon Janata Bank Parola Jalgaon Maharashtra

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MICR Code
Bank Jalgaon Janata Sahkari Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Parola
Contact
Bank Details Jalgaon Janata Sahkari Bank Ltd Parola JJSB0000028
Location Parola, Jalgaon
City Parola
District Jalgaon
State Maharashtra
Pincode 425111
Country IN
Address 542,chintamani complex,main road parola, tal. Parola, dist-jalgaon
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 425507503 for Parola 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 425507503 of Jalgaon Janata Sahkari Bank, Parola branch makes the system almost error free and faster. Use of Jalgaon Janata Sahkari Bank MICR codes for Parola branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Jalgaon Janata Sahkari Bank Ltd are available with micr code -

>>Parola

MICR code for Jalgaon Janata Bank Parola

Jalgaon Janata Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Jalgaon Janata Sahkari Bank MICR code for Parola 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. 425507503 is the MICR code of JJSBL for Parola branch. MICR code for Parola 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 Janata Sahkari Bank Parola is presented in the table alongside.

Use of Jalgaon Janata Sahkari Bank MICR code for Parola branch in parola

The MICR code 425507503 is used in RBI cheque clearing process to identify the branch Parola and Jalgaon Janata Sahkari 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 JJSBL is typically in either of these two font’s: E-138 and CMC-7.

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