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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 Market Yard
Contact 0217-2741125
Bank Details The Solapur Janata Sahkari Bank Ltd. Market Yard SJSB0000010
Location Solapur, Solapur
City Solapur
District Solapur
State Maharashtra
Pincode 413005
Country IN
Address C- 1 sidheshwar market yard hydrabad road solapur 413005
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 413587008 for Market Yard 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 413587008 of Solapur Janata Bank, Market Yard branch makes the system almost error free and faster. Use of Solapur Janata Bank MICR codes for Market Yard branch, makes the characters readable even if there are other marks and stamps on it.

A total of 16 branches of The Solapur Janata Sahkari Bank Ltd. are available with micr code -

>>Asara Nagar >>Bale >>Head Office >>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 Market Yard

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 Market Yard 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. 413587008 is the MICR code of SJSB Bank for Market Yard branch. MICR code for Market Yard 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 Market Yard is presented in the table alongside.

Use of Solapur Janata Bank MICR code for Market Yard branch in solapur

The MICR code 413587008 is used in RBI cheque clearing process to identify the branch Market Yard 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.