Thane Janata Bank South Goa Margao Goa MICR CODE

Find MICR Codes for Thane Janata Bank South Goa Margao Goa

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MICR Code
Bank Thane Janata Sahakari Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Aquem Branch
Contact -
Bank Details Thane Janata Sahakari Bank Ltd Aquem Branch TJSB0000183
Location South Goa, Margao
City South Goa
District Margao
State Goa
Pincode 403707
Country IN
Address Kurtarkar modern homes, rawanfond, p o navelim, goa 403 707
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 0 for Aquem Branch 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 0 of Thane Janata Sahakari Bank, Aquem Branch branch makes the system almost error free and faster. Use of Thane Janata Sahakari Bank MICR codes for Aquem Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Thane Janata Sahakari Bank Ltd are available with micr code -

>>Aquem Branch >>Hari Mandir Branch Margao

MICR code for Thane Janata Bank Aquem Branch

Thane Janata Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Thane Janata Sahakari Bank MICR code for Aquem Branch 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. 0 is the MICR code of Thane Janata Bank for Aquem Branch branch. MICR code for Aquem Branch 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 Thane Janata Sahakari Bank Aquem Branch is presented in the table alongside.

Use of Thane Janata Sahakari Bank MICR code for Aquem Branch branch in south goa

The MICR code 0 is used in RBI cheque clearing process to identify the branch Aquem Branch and Thane Janata Sahakari 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 Thane Janata Bank is typically in either of these two font’s: E-138 and CMC-7.

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