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Jio Payments Bank Navi Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for Jio Payments Bank Navi Mumbai Mumbai Maharashtra

MICR Code
Bank Jio Payments Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rtgsho
Contact 0
Bank Details Jio Payments Bank Limited Rtgsho JIOP0000001
Location Navi Mumbai, Mumbai
City Navi Mumbai
District Mumbai
State Maharashtra
Pincode
Country IN
Address Reliance corporate park, ghansoli, navi mumbai, maharashtra, india
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.

Search Jio Payments Bank MICR Codes in mumbai

You can search through MICR Codes of Maharashtra branches in navi mumbai of District mumbai in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Jio Payments Bank Limited are available with micr code -

>>Rtgsho

How to find MICR codes for Jio Payments Bank in navi mumbai?

Jio Payments Bank navi mumbai MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Jio Payments Bank MICR codes list for navi mumbai, one can further search by branch name specified in the table. You can find MICR codes for all Jio Payments Bank navi mumbai branches.

Jio Payments Bank MICR code in navi mumbai

Jio Payments Bank MICR code is a character recognition technology used by banks in the processing of cheques. Jio Payments Bank MICR code for navi mumbai branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Jio Payments Bank branches in navi mumbai, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Jio Payments Bank MICR code for navi mumbai branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Jio Payments Bank navi mumbai branch, sprinted 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. Thus MICR code for Jio Payments Bank navi mumbai branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Jio Payments Bank MICR codes for navi mumbai branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!