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Akola Janata Commercial Bank Khamgaon Buldhana Maharashtra MICR CODE

Find MICR Codes for Akola Janata Commercial Bank Khamgaon Buldhana Maharashtra

MICR Code
Bank The Akola Janata Commercial Co-operative Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Khamgaon
Contact 254592
Bank Details The Akola Janata Commercial Co-operative Bank Khamgaon AKJB0000016
Location Khamgaon, Buldhana
City Khamgaon
District Buldhana
State Maharashtra
Pincode 444303
Country IN
Address Janvaibhav,shriram chowk,pharshi road,infront of sahele complex,khamgaon pin 444 303
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 buldhana

You can search through MICR Codes of Maharashtra branches in khamgaon of District buldhana 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 -

>>Khamgaon

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

Akola Janata Commercial Bank khamgaon 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 khamgaon, one can further search by branch name specified in the table. You can find MICR codes for all Akola Janata Commercial Bank khamgaon branches.

Akola Janata Commercial Co-Operative Bank MICR code in khamgaon

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 khamgaon 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 khamgaon, 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 khamgaon 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 khamgaon 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 khamgaon 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 khamgaon branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!