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Standard Chartered Bank Jalandhar Jalandhar Punjab MICR CODE

Find MICR Codes for Standard Chartered Bank Jalandhar Jalandhar Punjab

MICR Code
Bank Standard Chartered Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jalandhar
Contact 0181-5073410
Bank Details Standard Chartered Bank Jalandhar SCBL0036040
Location Jalandhar, Jalandhar
City Jalandhar
District Jalandhar
State Punjab
Pincode 144001
Country IN
Address Plot no. 34, g.t. Road, g.p.o., jalandhar - 144 001
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 144036001 for Jalandhar 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 144036001 of SCB, Jalandhar branch makes the system almost error free and faster. Use of SCB MICR codes for Jalandhar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Standard Chartered Bank are available with micr code -

>>Jalandhar

MICR code for Standard Chartered Bank Jalandhar

Standard Chartered Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. SCB MICR code for Jalandhar 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. 144036001 is the MICR code of Standard Chartered Bank for Jalandhar branch. MICR code for Jalandhar 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 SCB Jalandhar is presented in the table alongside.

Use of SCB MICR code for Jalandhar branch in jalandhar

The MICR code 144036001 is used in RBI cheque clearing process to identify the branch Jalandhar and SCB 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 Standard Chartered Bank is typically in either of these two font’s: E-138 and CMC-7.