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Akola Janata Commercial Bank Akola Akola Maharashtra MICR CODE

Find MICR Codes for Akola Janata Commercial Bank Akola Akola Maharashtra

MICR Code
Bank The Akola Janata Commercial Co-operative Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Old City
Contact 2440424
Bank Details The Akola Janata Commercial Co-operative Bank Old City AKJB0000017
Location Akola, Akola
City Akola
District Akola
State Maharashtra
Pincode 444001
Country IN
Address Near chhaya hospital,dabki road,old city,akola pin 444 001
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 444364005 for Old City 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 444364005 of Akola Janata Commercial Co-Operative Bank, Old City branch makes the system almost error free and faster. Use of Akola Janata Commercial Co-Operative Bank MICR codes for Old City branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of The Akola Janata Commercial Co-operative Bank are available with micr code -

>>Akot Road >>Gorakshan Road >>Main Branch >>Malkapur Road >>Murtizapur >>Old City >>Service Center >>Sindhi Camp >>Tajnapeth >>Tapadia Nagar

MICR code for Akola Janata Commercial Bank Old City

Akola Janata Commercial Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Akola Janata Commercial Co-Operative Bank MICR code for Old City 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. 444364005 is the MICR code of Akola Janata Commercial Co-Op Bank for Old City branch. MICR code for Old City 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 Akola Janata Commercial Co-Operative Bank Old City is presented in the table alongside.

Use of Akola Janata Commercial Co-Operative Bank MICR code for Old City branch in akola

The MICR code 444364005 is used in RBI cheque clearing process to identify the branch Old City and Akola Janata Commercial Co-Operative 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 Akola Janata Commercial Co-Op Bank is typically in either of these two font’s: E-138 and CMC-7.