Janata Bank Pune Pune Pune Maharashtra MICR CODE

Find MICR Codes for Janata Bank Pune Pune Pune Maharashtra

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MICR Code
Bank Janata Sahkari Bank Ltd Pune
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Paud Road
Contact 020-24453258,59;8600067731
Bank Details Janata Sahkari Bank Ltd Pune Paud Road JSBP0000041
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 411038
Country IN
Address Plot no 1 b survey no. 119/1 anant kripa co-op housing society , paud road, pune 411 038
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 411074019 for Paud 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 411074019 of Janata Sahkari Bank Pune, Paud Road branch makes the system almost error free and faster. Use of Janata Sahkari Bank Pune MICR codes for Paud Road branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Janata Bank Pune Paud Road

Janata Bank Pune MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Janata Sahkari Bank Pune MICR code for Paud 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. 411074019 is the MICR code of Janata Bank Pune for Paud Road branch. MICR code for Paud 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 Janata Sahkari Bank Pune Paud Road is presented in the table alongside.

Use of Janata Sahkari Bank Pune MICR code for Paud Road branch in pune

The MICR code 411074019 is used in RBI cheque clearing process to identify the branch Paud Road and Janata Sahkari Bank Pune 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 Janata Bank Pune is typically in either of these two font’s: E-138 and CMC-7.

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