JK Bank Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for JK Bank Delhi New Delhi New Delhi

MICR Code
Bank Jammu And Kashmir Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Cannaught Place
Contact 011-23352102
Bank Details Jammu And Kashmir Bank Ltd Cannaught Place JAKA0CIRCUS
Location Delhi, New Delhi
City Delhi
District New Delhi
State New Delhi
Pincode 110001
Country IN
Address Connaught placeg-40, connaught place, new delhi--110001
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 110051007 for Cannaught Place 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 110051007 of Jammu Bank, Cannaught Place branch makes the system almost error free and faster. Use of Jammu Bank MICR codes for Cannaught Place branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for JK Bank Cannaught Place

JK Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Jammu Bank MICR code for Cannaught Place 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. 110051007 is the MICR code of Jammu And Bashmir Bank for Cannaught Place branch. MICR code for Cannaught Place 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 Jammu Bank Cannaught Place is presented in the table alongside.

Use of Jammu Bank MICR code for Cannaught Place branch in delhi

The MICR code 110051007 is used in RBI cheque clearing process to identify the branch Cannaught Place and Jammu 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 Jammu And Bashmir Bank is typically in either of these two font’s: E-138 and CMC-7.

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