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JP Morghan Bangalore Bangalore Rural Karnataka MICR CODE

Find MICR Codes for JP Morghan Bangalore Bangalore Rural Karnataka

MICR Code
Bank Jpmorgan Chase Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Devanahalli Branch
Contact 67693200
Bank Details Jpmorgan Chase Bank Devanahalli Branch CHAS0INBX03
Location Bangalore, Bangalore Rural
City Bangalore
District Bangalore Rural
State Karnataka
Pincode 562110
Country IN
Address Hoysala corpus, second floor, survey number 29(new survey no. 29/5), guttahalli village, kasaba hobli, devanahalli taluk, bangalore rural district, 562110
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 Devanahalli 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 JP Morgan Chase, Devanahalli Branch branch makes the system almost error free and faster. Use of JP Morgan Chase MICR codes for Devanahalli Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Jpmorgan Chase Bank are available with micr code -

>>Devanahalli Branch

MICR code for JP Morghan Devanahalli Branch

JP Morghan MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. JP Morgan Chase MICR code for Devanahalli 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 JP Morghan for Devanahalli Branch branch. MICR code for Devanahalli 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 JP Morgan Chase Devanahalli Branch is presented in the table alongside.

Use of JP Morgan Chase MICR code for Devanahalli Branch branch in bangalore

The MICR code 0 is used in RBI cheque clearing process to identify the branch Devanahalli Branch and JP Morgan Chase 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 JP Morghan is typically in either of these two font’s: E-138 and CMC-7.