Jana Small Finance Bank Sharata Mayurbhanj Orissa MICR CODE

Find MICR Codes for Jana Small Finance Bank Sharata Mayurbhanj Orissa

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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 Labanydeipur
Contact 0-7064410413
Bank Details Jana Small Finance Bank Ltd Labanydeipur JSFB0004839
Location Sharata, Mayurbhanj
City Sharata
District Mayurbhanj
State Orissa
Pincode 757079
Country IN
Address At - labanyadeipur, po - katuria, via - kaptipada dist - mayurbhanja, pin - 757079
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 Labanydeipur 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 Jana Small Finance Bank, Labanydeipur branch makes the system almost error free and faster. Use of Jana Small Finance Bank MICR codes for Labanydeipur 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 -

>>Labanydeipur

MICR code for Jana Small Finance Bank Labanydeipur

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 Labanydeipur 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 Jana Small Finance Bank for Labanydeipur branch. MICR code for Labanydeipur 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 Labanydeipur is presented in the table alongside.

Use of Jana Small Finance Bank MICR code for Labanydeipur branch in sharata

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