Jana Small Finance Bank Latur Latur Maharashtra MICR CODE

Find MICR Codes for Jana Small Finance Bank Latur Latur Maharashtra

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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 Nilanga
Contact 0
Bank Details Jana Small Finance Bank Ltd Nilanga JSFB0004952
Location Latur, Latur
City Latur
District Latur
State Maharashtra
Pincode 413521
Country IN
Address Jana small finance bank ltd shop no1 2 nath sagar 1311831189 nr hp gas agency ganesh colony wagh nagar nilanga maharastra413521
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 Nilanga 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, Nilanga branch makes the system almost error free and faster. Use of Jana Small Finance Bank MICR codes for Nilanga branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Jana Small Finance Bank Ltd are available with micr code -

>>Latur >>Latur >>Latur >>Nilanga

MICR code for Jana Small Finance Bank Nilanga

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

Use of Jana Small Finance Bank MICR code for Nilanga branch in latur

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