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Kallappanna Awade Janata Bank Shirol Shirol Maharashtra MICR CODE

Find MICR Codes for Kallappanna Awade Janata Bank Shirol Shirol Maharashtra

MICR Code
Bank Kallappanna Awade Ich Janata S Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shirol
Contact
Bank Details Kallappanna Awade Ich Janata S Bank Shirol KAIJ0000003
Location Shirol, Shirol
City Shirol
District Shirol
State Maharashtra
Pincode 416103
Country IN
Address Dattanagar, near petrol pump, gat no 107 shirol 416103
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 416386501 for Shirol 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 416386501 of Kallappanna Awade Ichalkaranji Bank, Shirol branch makes the system almost error free and faster. Use of Kallappanna Awade Ichalkaranji Bank MICR codes for Shirol branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Kallappanna Awade Ich Janata S Bank are available with micr code -

>>Shirol

MICR code for Kallappanna Awade Janata Bank Shirol

Kallappanna Awade Janata Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Kallappanna Awade Ichalkaranji Bank MICR code for Shirol 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. 416386501 is the MICR code of Kallappanna Awade Ichalkaranji Janata Bank for Shirol branch. MICR code for Shirol 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 Kallappanna Awade Ichalkaranji Bank Shirol is presented in the table alongside.

Use of Kallappanna Awade Ichalkaranji Bank MICR code for Shirol branch in shirol

The MICR code 416386501 is used in RBI cheque clearing process to identify the branch Shirol and Kallappanna Awade Ichalkaranji 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 Kallappanna Awade Ichalkaranji Janata Bank is typically in either of these two font’s: E-138 and CMC-7.