Janata Bank Pune Pen Raigad Maharashtra MICR CODE

Find MICR Codes for Janata Bank Pune Pen Raigad Maharashtra

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MICR Code	-NA-
Bank	Janata Sahkari Bank Ltd Pune
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Pen Branch
Contact
Bank Details	Janata Sahkari Bank Ltd Pune Pen Branch JSBP0000059

Location	Pen, Raigad
City	Pen
District	Raigad
State	Maharashtra
Pincode	402107
Country	IN
Address	Final plot no 52 old s.no 36/2 veer sawarkar marg pen antora road post pen taluka pen dist raigad 402107

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 Pen Branch 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 Janata Sahkari Bank Pune, Pen Branch branch makes the system almost error free and faster. Use of Janata Sahkari Bank Pune MICR codes for Pen Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Janata Sahkari Bank Ltd Pune are available with micr code -

>>Pen Branch

MICR code for Janata Bank Pune Pen Branch

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 Pen Branch 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 Janata Bank Pune for Pen Branch branch. MICR code for Pen Branch 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 Pen Branch is presented in the table alongside.

Use of Janata Sahkari Bank Pune MICR code for Pen Branch branch in pen

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