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Janata Bank Pune Pune Pune Maharashtra MICR CODE

Find MICR Codes for Janata Bank Pune Pune Pune Maharashtra

MICR Code
Bank Janata Sahkari Bank Ltd Pune
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shivaji Ngar Pune
Contact +91 (20) 25535532
Bank Details Janata Sahkari Bank Ltd Pune Shivaji Ngar Pune JSBP0000002
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 411005
Country IN
Address Modern high school compound,jangali maharaj road,shivaji nagar, pune - 411005,e-mail : jsb_shivajinagarpune@vsnl.net
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 Shivaji Ngar Pune 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 Janata Sahkari Bank Pune, Shivaji Ngar Pune branch makes the system almost error free and faster. Use of Janata Sahkari Bank Pune MICR codes for Shivaji Ngar Pune branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Janata Bank Pune Shivaji Ngar Pune

Janata Bank Pune MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Janata Sahkari Bank Pune MICR code for Shivaji Ngar Pune 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 Janata Bank Pune for Shivaji Ngar Pune branch. MICR code for Shivaji Ngar Pune 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 Janata Sahkari Bank Pune Shivaji Ngar Pune is presented in the table alongside.

Use of Janata Sahkari Bank Pune MICR code for Shivaji Ngar Pune branch in pune

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