Jana Small Finance Bank Khandwa Khandwa Madhya Pradesh MICR CODE

Find MICR Codes for Jana Small Finance Bank Khandwa Khandwa Madhya Pradesh

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MICR Code	450788101
Bank	Jana Small Finance Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Khandwa
Contact	0
Bank Details	Jana Small Finance Bank Ltd Khandwa JSFB0003190

Location	Khandwa, Khandwa
City	Khandwa
District	Khandwa
State	Madhya Pradesh
Pincode	450001
Country	IN
Address	Jana small finance bank ltd,2nd floor,old plot no.79& new plot no.97,near hotel chandra shree,rashtrakavi raskhan,ward no.19,shivaji marg,nazul block no.38,khandwa -450001,madhya pradesh,india

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 450788101 for Khandwa 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 450788101 of Jana Small Finance Bank, Khandwa branch makes the system almost error free and faster. Use of Jana Small Finance Bank MICR codes for Khandwa branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Jana Small Finance Bank Ltd are available with micr code -

>>Khandwa

MICR code for Jana Small Finance Bank Khandwa

Jana Small Finance Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Jana Small Finance Bank MICR code for Khandwa 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. 450788101 is the MICR code of Jana Small Finance Bank for Khandwa branch. MICR code for Khandwa 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 Jana Small Finance Bank Khandwa is presented in the table alongside.

Use of Jana Small Finance Bank MICR code for Khandwa branch in khandwa

The MICR code 450788101 is used in RBI cheque clearing process to identify the branch Khandwa and Jana Small Finance 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 Jana Small Finance Bank is typically in either of these two font’s: E-138 and CMC-7.

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