Janaseva Sahakari Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for Janaseva Sahakari Bank Pune Pune Maharashtra

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MICR Code
Bank Janaseva Sahakari Bank Ltd Pune
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sasane Nagar
Contact Shailesh Prabhakar Mahindrakar Mobile No - 9403187313
Bank Details Janaseva Sahakari Bank Ltd Pune Sasane Nagar JANA0000014
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 411028
Country IN
Address Survey no. 28 yashraj complex, 1st floor, sasanenagar, hadapsar pune 411028
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 411257012 for Sasane Nagar 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 411257012 of Janaseva Bank, Sasane Nagar branch makes the system almost error free and faster. Use of Janaseva Bank MICR codes for Sasane Nagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Janaseva Sahakari Bank Sasane Nagar

Janaseva Sahakari Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Janaseva Bank MICR code for Sasane Nagar 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. 411257012 is the MICR code of Janaseva Sahakari Bank for Sasane Nagar branch. MICR code for Sasane Nagar 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 Janaseva Bank Sasane Nagar is presented in the table alongside.

Use of Janaseva Bank MICR code for Sasane Nagar branch in pune

The MICR code 411257012 is used in RBI cheque clearing process to identify the branch Sasane Nagar and Janaseva 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 Janaseva Sahakari Bank is typically in either of these two font’s: E-138 and CMC-7.

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