Jana Small Finance Bank Amritsar Amritsar Punjab MICR CODE

Find MICR Codes for Jana Small Finance Bank Amritsar Amritsar Punjab

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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 Majitha Road
Contact
Bank Details Jana Small Finance Bank Ltd Majitha Road JSFB0004789
Location Amritsar, Amritsar
City Amritsar
District Amritsar
State Punjab
Pincode 143001
Country IN
Address Ground floor property no 1 ssss chowk,majitha road,amritsar,143001
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 Majitha Road 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, Majitha Road branch makes the system almost error free and faster. Use of Jana Small Finance Bank MICR codes for Majitha Road 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 -

>>Majitha Road

MICR code for Jana Small Finance Bank Majitha Road

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 Majitha Road 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 Majitha Road branch. MICR code for Majitha Road 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 Majitha Road is presented in the table alongside.

Use of Jana Small Finance Bank MICR code for Majitha Road branch in amritsar

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