Solapur Janata Sahakari Bank Udgir Latur Maharashtra MICR CODE

Find MICR Codes for Solapur Janata Sahakari Bank Udgir Latur Maharashtra

MICR Code
Bank The Solapur Janata Sahkari Bank Ltd.
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Udgir
Contact 02385-257446
Bank Details The Solapur Janata Sahkari Bank Ltd. Udgir SJSB0000020
Location Udgir, Latur
City Udgir
District Latur
State Maharashtra
Pincode 413517
Country IN
Address Udyog bhavan opp s .t. Stand udgir . Dis .latur 413517
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 413587227 for Udgir 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 413587227 of Solapur Janata Bank, Udgir branch makes the system almost error free and faster. Use of Solapur Janata Bank MICR codes for Udgir branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of The Solapur Janata Sahkari Bank Ltd. are available with micr code -

>>Udgir

MICR code for Solapur Janata Sahakari Bank Udgir

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 Udgir 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. 413587227 is the MICR code of SJSB Bank for Udgir branch. MICR code for Udgir 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 Udgir is presented in the table alongside.

Use of Solapur Janata Bank MICR code for Udgir branch in udgir

The MICR code 413587227 is used in RBI cheque clearing process to identify the branch Udgir 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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