JK Bank Budgam Budgam Jammu And Kashmir MICR CODE

Find MICR Codes for JK Bank Budgam Budgam Jammu And Kashmir

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MICR Code
Bank Jammu And Kashmir Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kanidajan
Contact 195-7041096
Bank Details Jammu And Kashmir Bank Ltd Kanidajan JAKA0KANIDA
Location Budgam, Budgam
City Budgam
District Budgam
State Jammu And Kashmir
Pincode 191112
Country IN
Address Kanidajan, district budgam, j and k pin 191112
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 191051036 for Kanidajan 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 191051036 of Jammu Bank, Kanidajan branch makes the system almost error free and faster. Use of Jammu Bank MICR codes for Kanidajan branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for JK Bank Kanidajan

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 Kanidajan 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. 191051036 is the MICR code of Jammu And Bashmir Bank for Kanidajan branch. MICR code for Kanidajan 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 Kanidajan is presented in the table alongside.

Use of Jammu Bank MICR code for Kanidajan branch in budgam

The MICR code 191051036 is used in RBI cheque clearing process to identify the branch Kanidajan 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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