Jalgaon Janata Bank Sillod Aurangabad Maharashtra MICR CODE

Find MICR Codes for Jalgaon Janata Bank Sillod Aurangabad 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 Sillod
Contact 223965
Bank Details Jalgaon Janata Sahkari Bank Ltd Sillod JJSB0000040
Location Sillod, Aurangabad
City Sillod
District Aurangabad
State Maharashtra
Pincode
Country IN
Address 5/283 tilak nagar,aurangabad jalgaon high way,sillod
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 Sillod 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 Jalgaon Janata Sahkari Bank, Sillod branch makes the system almost error free and faster. Use of Jalgaon Janata Sahkari Bank MICR codes for Sillod 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 -

>>Sillod

MICR code for Jalgaon Janata Bank Sillod

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 Sillod 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 JJSBL for Sillod branch. MICR code for Sillod 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 Sillod is presented in the table alongside.

Use of Jalgaon Janata Sahkari Bank MICR code for Sillod branch in sillod

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