Jana Small Finance Bank Madhya Pradesh Ratlam Madhya Pradesh MICR CODE

Find MICR Codes for Jana Small Finance Bank Madhya Pradesh Ratlam Madhya Pradesh

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MICR Code
Bank Jana Small Finance Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Raoti
Contact -
Bank Details Jana Small Finance Bank Ltd Raoti JSFB0004066
Location Madhya Pradesh, Ratlam
City Madhya Pradesh
District Ratlam
State Madhya Pradesh
Pincode 457001
Country IN
Address Jana small finance bank ltd, house no 342, nayan road, khasra no 247-2, village colony, rawati, dist ratlam, madhya pradesh 457001
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 0 for Raoti 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 Jana Small Finance Bank, Raoti branch makes the system almost error free and faster. Use of Jana Small Finance Bank MICR codes for Raoti branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Jana Small Finance Bank Ltd are available with micr code -

>>Piploda >>Raoti

MICR code for Jana Small Finance Bank Raoti

Jana Small Finance Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Jana Small Finance Bank MICR code for Raoti 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 Jana Small Finance Bank for Raoti branch. MICR code for Raoti 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 Jana Small Finance Bank Raoti is presented in the table alongside.

Use of Jana Small Finance Bank MICR code for Raoti branch in madhya pradesh

The MICR code 0 is used in RBI cheque clearing process to identify the branch Raoti and Jana Small Finance 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 Jana Small Finance Bank is typically in either of these two font’s: E-138 and CMC-7.

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