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Janakalyan Bank Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for Janakalyan Bank Mumbai Mumbai Maharashtra

MICR Code
Bank Janakalyan Sahakari Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Panvel Extn
Contact 27468920
Bank Details Janakalyan Sahakari Bank Ltd Panvel Extn JSBL0000028
Location Mumbai, Mumbai
City Mumbai
District Mumbai
State Maharashtra
Pincode 410206
Country IN
Address K.a. Bhatia high school, sector 18, new panvel 410206.
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 400105028 for Panvel Extn 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 400105028 of Janakalyan Sahakari Bank, Panvel Extn branch makes the system almost error free and faster. Use of Janakalyan Sahakari Bank MICR codes for Panvel Extn branch, makes the characters readable even if there are other marks and stamps on it.

A total of 27 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 >>Rtgsho >>Sahar >>Sakinaka >>Shivaji Park >>Sindhi Society >>Sion >>Thane >>Vashi >>Vikhroli

MICR code for Janakalyan Bank Panvel Extn

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 Panvel Extn 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. 400105028 is the MICR code of JKSBL Bank for Panvel Extn branch. MICR code for Panvel Extn 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 Panvel Extn is presented in the table alongside.

Use of Janakalyan Sahakari Bank MICR code for Panvel Extn branch in mumbai

The MICR code 400105028 is used in RBI cheque clearing process to identify the branch Panvel Extn 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.