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Akola Janata Commercial Bank Parbhani Parbhani Maharashtra MICR CODE

Find MICR Codes for Akola Janata Commercial Bank Parbhani Parbhani Maharashtra

MICR Code
Bank The Akola Janata Commercial Co-operative Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Parbhani
Contact 225010
Bank Details The Akola Janata Commercial Co-operative Bank Parbhani AKJB0000025
Location Parbhani, Parbhani
City Parbhani
District Parbhani
State Maharashtra
Pincode 431401
Country IN
Address Kachhi bazar,parbhani pin 431 401
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 parbhani

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

>>Parbhani

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

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

Akola Janata Commercial Co-Operative Bank MICR code in parbhani

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