Janakalyan Bank Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for Janakalyan Bank Mumbai Mumbai Maharashtra

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MICR Code	400105005
Bank	Janakalyan Sahakari Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Sion
Contact	24075376
Bank Details	Janakalyan Sahakari Bank Ltd Sion JSBL0000005

Location	Mumbai, Mumbai
City	Mumbai
District	Mumbai
State	Maharashtra
Pincode	400022
Country	IN
Address	Vithoba rakhumai mandir trust blgd. Sion circle, sion (w), mumbai – 22

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 400105005 for Sion 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 400105005 of Janakalyan Sahakari Bank, Sion branch makes the system almost error free and faster. Use of Janakalyan Sahakari Bank MICR codes for Sion branch, makes the characters readable even if there are other marks and stamps on it.

A total of 27 branches of Janakalyan Sahakari Bank Ltd are available with micr code -

>>Andheri >>Antop Hill >>Bhandup >>Borivali >>Chembur >>Dadar >>Fort >>Ghatkopar East >>Ghatkopar West >>Juhu >>Kalbadevi >>Kannamwar Nagar >>Khar >>Malad >>Mulund East >>Mulund West >>Panvel >>Panvel Extn >>Rtgsho >>Sahar >>Sakinaka >>Shivaji Park >>Sindhi Society >>Sion >>Thane >>Vashi >>Vikhroli

MICR code for Janakalyan Bank Sion

Janakalyan Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Janakalyan Sahakari Bank MICR code for Sion 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. 400105005 is the MICR code of JKSBL Bank for Sion branch. MICR code for Sion 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 Janakalyan Sahakari Bank Sion is presented in the table alongside.

Use of Janakalyan Sahakari Bank MICR code for Sion branch in mumbai

The MICR code 400105005 is used in RBI cheque clearing process to identify the branch Sion and Janakalyan Sahakari 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 JKSBL Bank is typically in either of these two font’s: E-138 and CMC-7.

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