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Janakalyan Bank Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for Janakalyan Bank Mumbai Mumbai Maharashtra

Bank Janakalyan Sahakari Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Fort
Contact 22035943
Bank Details Janakalyan Sahakari Bank Ltd Fort JSBL0000002
Location Mumbai, Mumbai
City Mumbai
District Mumbai
State Maharashtra
Pincode 400001
Country IN
Address 22 and 23,mahindra chemabers, 1st floor, dr.d.n..raod. Fort mumbai-400 001.
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 400105020 for Fort 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 400105020 of Janakalyan Sahakari Bank, Fort branch makes the system almost error free and faster. Use of Janakalyan Sahakari Bank MICR codes for Fort branch, makes the characters readable even if there are other marks and stamps on it.

A total of 26 branches of Janakalyan Sahakari Bank Ltd are available with micr code -

>>Andheri >>Antop Hill >>Bhandup >>Borivali >>Chembur >>Dadar >>Fort >>Ghatkopar East >>Ghatkopar West >>Juhu >>Kalbadevi >>Kannamwar Nagar >>Khar >>Malad >>Mulund East >>Mulund West >>Panvel >>Panvel Extn >>Sahar >>Sakinaka >>Shivaji Park >>Sindhi Society >>Sion >>Thane >>Vashi >>Vikhroli

MICR code for Janakalyan Bank Fort

Janakalyan Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Janakalyan Sahakari Bank MICR code for Fort 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. 400105020 is the MICR code of JKSBL Bank for Fort branch. MICR code for Fort 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 Janakalyan Sahakari Bank Fort is presented in the table alongside.

Use of Janakalyan Sahakari Bank MICR code for Fort branch in mumbai

The MICR code 400105020 is used in RBI cheque clearing process to identify the branch Fort and Janakalyan Sahakari 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 JKSBL Bank is typically in either of these two font’s: E-138 and CMC-7.