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Janata Bank Pune Pune Pune Maharashtra MICR CODE

Find MICR Codes for Janata Bank Pune Pune Pune Maharashtra

MICR Code
Bank Janata Sahkari Bank Ltd Pune
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chandan Nagar
Contact 020-24453258,60;8600067731
Bank Details Janata Sahkari Bank Ltd Pune Chandan Nagar JSBP0000044
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 411014
Country IN
Address S.no. 46, plot no 2 , govindnagar co-op hsg. Soc. H.no. 3/418 at /po kharadi, chandan nagar, pune 411 014.
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 411074020 for Chandan Nagar 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 411074020 of Janata Sahkari Bank Pune, Chandan Nagar branch makes the system almost error free and faster. Use of Janata Sahkari Bank Pune MICR codes for Chandan Nagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Janata Bank Pune Chandan Nagar

Janata Bank Pune MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Janata Sahkari Bank Pune MICR code for Chandan Nagar 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. 411074020 is the MICR code of Janata Bank Pune for Chandan Nagar branch. MICR code for Chandan Nagar 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 Janata Sahkari Bank Pune Chandan Nagar is presented in the table alongside.

Use of Janata Sahkari Bank Pune MICR code for Chandan Nagar branch in pune

The MICR code 411074020 is used in RBI cheque clearing process to identify the branch Chandan Nagar and Janata Sahkari Bank Pune 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 Janata Bank Pune is typically in either of these two font’s: E-138 and CMC-7.