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Janaseva Sahakari Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for Janaseva Sahakari Bank Pune Pune Maharashtra

MICR Code
Bank Janaseva Sahakari Bank Ltd Pune
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Netajinagar Wanwadi
Contact Shailesh Prabhakar Mahindrakar Mobile No - 9403187313
Bank Details Janaseva Sahakari Bank Ltd Pune Netajinagar Wanwadi JANA0000005
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 411040
Country IN
Address Parmar park,mahadaji shinde chowk, wanwadi pune 411040
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 411257005 for Netajinagar Wanwadi 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 411257005 of Janaseva Bank, Netajinagar Wanwadi branch makes the system almost error free and faster. Use of Janaseva Bank MICR codes for Netajinagar Wanwadi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Janaseva Sahakari Bank Netajinagar Wanwadi

Janaseva Sahakari Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Janaseva Bank MICR code for Netajinagar Wanwadi 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. 411257005 is the MICR code of Janaseva Sahakari Bank for Netajinagar Wanwadi branch. MICR code for Netajinagar Wanwadi 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 Janaseva Bank Netajinagar Wanwadi is presented in the table alongside.

Use of Janaseva Bank MICR code for Netajinagar Wanwadi branch in pune

The MICR code 411257005 is used in RBI cheque clearing process to identify the branch Netajinagar Wanwadi and Janaseva 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 Janaseva Sahakari Bank is typically in either of these two font’s: E-138 and CMC-7.