Akola Janata Commercial Bank Thane Navi Mumbai Maharashtra MICR CODE

Find MICR Codes for Akola Janata Commercial Bank Thane Navi Mumbai Maharashtra

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MICR Code	-NA-
Bank	The Akola Janata Commercial Co-operative Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Vashi
Contact	44-2227831446
Bank Details	The Akola Janata Commercial Co-operative Bank Vashi AKJB0000038

Location	Thane, Navi Mumbai
City	Thane
District	Navi Mumbai
State	Maharashtra
Pincode	400703
Country	IN
Address	Shivaji market 2, ground floor, shop no 10, 11, 29, 30, plot no 8 9 , croma road, sector 19d, infornt of apmc dana market, vashi

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.

The Akola Janata Commercial Co-operative Bank »
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Vashi (0)

How does MICR code 0 for Vashi 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 0 of Akola Janata Commercial Co-Operative Bank, Vashi branch makes the system almost error free and faster. Use of Akola Janata Commercial Co-Operative Bank MICR codes for Vashi branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Vashi

MICR code for Akola Janata Commercial Bank Vashi

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 Vashi 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. 0 is the MICR code of Akola Janata Commercial Co-Op Bank for Vashi branch. MICR code for Vashi 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 Vashi is presented in the table alongside.

Use of Akola Janata Commercial Co-Operative Bank MICR code for Vashi branch in thane

The MICR code 0 is used in RBI cheque clearing process to identify the branch Vashi 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.

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