Jana Small Finance Bank Ratlam Ratlam Madhya Pradesh MICR CODE

Find MICR Codes for Jana Small Finance Bank Ratlam Ratlam Madhya Pradesh

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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 Ratlam
Contact 0
Bank Details Jana Small Finance Bank Ltd Ratlam JSFB0004558
Location Ratlam, Ratlam
City Ratlam
District Ratlam
State Madhya Pradesh
Pincode 457001
Country IN
Address Upper ground floor,ratlam plaza,shop no.16/45,situated new road,jawhar marg,ratlam,mp.pin - 457001
MICR Code
Bank Jana Small Finance Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ratlam
Contact
Bank Details Jana Small Finance Bank Ltd Ratlam JSFB0003117
Location Ratlam, Ratlam
City Ratlam
District Ratlam
State Madhya Pradesh
Pincode 457001
Country IN
Address Jana small finance bank ltd,upper ground floor,ratlam plaza,shop no.16/45,situated new road,jawahar marg,ratlam,madhya pradesh -457001
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 457788001 for Ratlam 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 457788001 of Jana Small Finance Bank, Ratlam branch makes the system almost error free and faster. Use of Jana Small Finance Bank MICR codes for Ratlam branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Jana Small Finance Bank Ltd are available with micr code -

>>Ratlam >>Ratlam

MICR code for Jana Small Finance Bank Ratlam

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 Ratlam 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. 457788001 is the MICR code of Jana Small Finance Bank for Ratlam branch. MICR code for Ratlam 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 Ratlam is presented in the table alongside.

Use of Jana Small Finance Bank MICR code for Ratlam branch in ratlam

The MICR code 457788001 is used in RBI cheque clearing process to identify the branch Ratlam 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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