Jana Small Finance Bank Bangalore Bangalore Karnataka MICR CODE

Find MICR Codes for Jana Small Finance Bank Bangalore Bangalore Karnataka

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MICR Code
Bank Jana Small Finance Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Koramangala
Contact 0
Bank Details Jana Small Finance Bank Ltd Koramangala JSFB0004536
Location Bangalore, Bangalore
City Bangalore
District Bangalore
State Karnataka
Pincode 560034
Country IN
Address Door no.001,80 feet road,koramangala,4 th block,bangalore-560034
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 560788005 for Koramangala 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 560788005 of Jana Small Finance Bank, Koramangala branch makes the system almost error free and faster. Use of Jana Small Finance Bank MICR codes for Koramangala branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Jana Small Finance Bank Koramangala

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 Koramangala 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. 560788005 is the MICR code of Jana Small Finance Bank for Koramangala branch. MICR code for Koramangala 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 Koramangala is presented in the table alongside.

Use of Jana Small Finance Bank MICR code for Koramangala branch in bangalore

The MICR code 560788005 is used in RBI cheque clearing process to identify the branch Koramangala 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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