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Akola Janata Commercial Bank Amravati Amravati Maharashtra MICR CODE

Find MICR Codes for Akola Janata Commercial Bank Amravati Amravati Maharashtra

MICR Code
Bank The Akola Janata Commercial Co-operative Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Amravati
Contact 2576761
Bank Details The Akola Janata Commercial Co-operative Bank Amravati AKJB0000015
Location Amravati, Amravati
City Amravati
District Amravati
State Maharashtra
Pincode 444601
Country IN
Address Devhari complex,near vasant talkies,jaistambh chowk,amravati pin 444 601
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.

Search Akola Janata Commercial Bank MICR Codes in amravati

You can search through MICR Codes of Maharashtra branches in amravati of District amravati in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of The Akola Janata Commercial Co-operative Bank are available with micr code -

>>Amravati

How to find MICR codes for Akola Janata Commercial Bank in amravati?

Akola Janata Commercial Bank amravati MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Akola Janata Commercial Co-Operative Bank MICR codes list for amravati, one can further search by branch name specified in the table. You can find MICR codes for all Akola Janata Commercial Bank amravati branches.

Akola Janata Commercial Co-Operative Bank MICR code in amravati

Akola Janata Commercial Bank MICR code is a character recognition technology used by banks in the processing of cheques. Akola Janata Commercial Co-Operative Bank MICR code for amravati branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Akola Janata Commercial Co-Op Bank branches in amravati, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Akola Janata Commercial Co-Op Bank MICR code for amravati branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Akola Janata Commercial Bank amravati branch, sprinted 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. Thus MICR code for Akola Janata Commercial Co-Operative Bank amravati branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Akola Janata Commercial Co-Op Bank MICR codes for amravati branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!