MICR Code Bank
Find MICR code for PNB Bariatu Road branches in India for NEFT and RTGS transfer

PNB Bariatu Road MICR CODE

Find MICR Codes for PNB Bariatu Road

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  1. Punjab National Bank »
  2. Jharkhand »
  3. ranchi »
  4. ranchi »
  5. bariatu road (ranchi)

Find MICR Codes for PNB Bariatu Road

MICR Code: -NA-
Bank: Punjab National Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Bariatu Road (Ranchi)
Contact:
Bank Details: Punjab National Bank Bariatu Road (Ranchi) PUNB0760700
Location: Ranchi, Ranchi
City: Ranchi
District: Ranchi
State: Jharkhand
Pincode: 834009
Country: IN
Address: Near rims bariatu road ranchi jharkhand 834009

How does MICR code for bariatu road 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 of Punjab National Bank , bariatu road branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for bariatu road branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for PNB bariatu road

PNB MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Punjab National Bank MICR code for bariatu road 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. is the MICR code of PNB Bank for bariatu road branch. MICR code for bariatu road 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 Punjab National Bank bariatu road is presented in the table alongside.

Use of Punjab National Bank MICR code for bariatu road branch in ranchi

The MICR code is used in RBI cheque clearing process to identify the branch bariatu road and Punjab National 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 PNB Bank is typically in either of these two font’s: E-138 and CMC-7.