Thane Janata Bank Nigdi Pune Maharashtra MICR CODE

Find MICR Codes for Thane Janata Bank Nigdi Pune Maharashtra

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MICR Code
Bank Thane Janata Sahakari Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nigdi Branch
Contact 020-27650366
Bank Details Thane Janata Sahakari Bank Ltd Nigdi Branch TJSB0000040
Location Nigdi, Pune
City Nigdi
District Pune
State Maharashtra
Pincode 411044
Country IN
Address Talang heights, 1st floor, plot no.10, sec 25, sindhu nagar, pcntda, nigdi, pune-411044
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 411109011 for Nigdi 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 411109011 of Thane Janata Sahakari Bank, Nigdi Branch branch makes the system almost error free and faster. Use of Thane Janata Sahakari Bank MICR codes for Nigdi Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Thane Janata Sahakari Bank Ltd are available with micr code -

>>Nigdi Branch

MICR code for Thane Janata Bank Nigdi Branch

Thane Janata Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Thane Janata Sahakari Bank MICR code for Nigdi 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. 411109011 is the MICR code of Thane Janata Bank for Nigdi Branch branch. MICR code for Nigdi 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 Thane Janata Sahakari Bank Nigdi Branch is presented in the table alongside.

Use of Thane Janata Sahakari Bank MICR code for Nigdi Branch branch in nigdi

The MICR code 411109011 is used in RBI cheque clearing process to identify the branch Nigdi Branch and Thane Janata 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 Thane Janata Bank is typically in either of these two font’s: E-138 and CMC-7.

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