Solapur Janata Sahakari Bank Latur Latur Maharashtra MICR CODE

Find MICR Codes for Solapur Janata Sahakari Bank Latur Latur Maharashtra

MICR Code
Bank The Solapur Janata Sahkari Bank Ltd.
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ganj Golai
Contact 02382-256399
Bank Details The Solapur Janata Sahkari Bank Ltd. Ganj Golai SJSB0000029
Location Latur, Latur
City Latur
District Latur
State Maharashtra
Pincode 413512
Country IN
Address Innani building main road ganjgolai , latur 413512
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 413587053 for Ganj Golai 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 413587053 of Solapur Janata Bank, Ganj Golai branch makes the system almost error free and faster. Use of Solapur Janata Bank MICR codes for Ganj Golai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of The Solapur Janata Sahkari Bank Ltd. are available with micr code -

>>Ganj Golai >>Latur

MICR code for Solapur Janata Sahakari Bank Ganj Golai

Solapur Janata Sahakari Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Solapur Janata Bank MICR code for Ganj Golai 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. 413587053 is the MICR code of SJSB Bank for Ganj Golai branch. MICR code for Ganj Golai 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 Solapur Janata Bank Ganj Golai is presented in the table alongside.

Use of Solapur Janata Bank MICR code for Ganj Golai branch in latur

The MICR code 413587053 is used in RBI cheque clearing process to identify the branch Ganj Golai and Solapur Janata 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 SJSB Bank is typically in either of these two font’s: E-138 and CMC-7.

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