Jana Small Finance Bank Balasore Balasore Orissa MICR CODE

Find MICR Codes for Jana Small Finance Bank Balasore Balasore 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 Maitapur
Contact 0-7978959596
Bank Details Jana Small Finance Bank Ltd Maitapur JSFB0004923
Location Balasore, Balasore
City Balasore
District Balasore
State Orissa
Pincode 756111
Country IN
Address Maitapur, po maitapur, via - simulia, block - similia, dist balasore, odisha 756111
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 Maitapur 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, Maitapur branch makes the system almost error free and faster. Use of Jana Small Finance Bank MICR codes for Maitapur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Jana Small Finance Bank Ltd are available with micr code -

>>Balasore >>Maitapur >>Naikudi

MICR code for Jana Small Finance Bank Maitapur

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 Maitapur 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 Maitapur branch. MICR code for Maitapur 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 Maitapur is presented in the table alongside.

Use of Jana Small Finance Bank MICR code for Maitapur branch in balasore

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