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Solapur Janata Sahakari Bank Solapur Solapur Maharashtra MICR CODE

Find MICR Codes for Solapur Janata Sahakari Bank Solapur Solapur Maharashtra

MICR Code:
Bank: The Solapur Janata Sahkari Bank Ltd.
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Mangalwqar Peth
Contact: 0217-2741115
Bank Details: The Solapur Janata Sahkari Bank Ltd. Mangalwqar Peth SJSB0000002
Location: Solapur, Solapur
City: Solapur
District: Solapur
State: Maharashtra
Pincode: 431007
Country: IN
Address: Muncipal ward 1317 to 19 north kasba hydrabadwale building tilak chowk solapur 431007
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 413587003 for Mangalwqar Peth 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 413587003 of Solapur Janata Bank, Mangalwqar Peth branch makes the system almost error free and faster. Use of Solapur Janata Bank MICR codes for Mangalwqar Peth branch, makes the characters readable even if there are other marks and stamps on it.

A total of 15 branches of The Solapur Janata Sahkari Bank Ltd. are available with micr code -

>>Asara Nagar >>Bale >>Head Office >>Jule Solapur >>Mangalwqar Peth >>Market Yard >>Navi Peth >>Pacha Peth >>Rly Line >>Sadar Bazar >>Shelgi Naka >>Solapur Janata Sahakari Bank Ltd >>South Kasba >>Ujani Ngara >>Vijapur Road

MICR code for Solapur Janata Sahakari Bank Mangalwqar Peth

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 Mangalwqar Peth 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. 413587003 is the MICR code of SJSB Bank for Mangalwqar Peth branch. MICR code for Mangalwqar Peth 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 Mangalwqar Peth is presented in the table alongside.

Use of Solapur Janata Bank MICR code for Mangalwqar Peth branch in solapur

The MICR code 413587003 is used in RBI cheque clearing process to identify the branch Mangalwqar Peth 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.