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PNB Barwasagar Jhansi Uttar Pradesh MICR CODE

Find MICR Codes for PNB Barwasagar Jhansi Uttar Pradesh

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Baruwasagar
Contact Sharat Chandra Shukla 0510-2735324
Bank Details Punjab National Bank Baruwasagar PUNB0132100
Location Barwasagar, Jhansi
City Barwasagar
District Jhansi
State Uttar Pradesh
Pincode 284201
Country IN
Address Barua sagar disttjhansi, uttar pradesh 284201
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 Baruwasagar 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 Punjab National Bank , Baruwasagar branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Baruwasagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Punjab National Bank are available with micr code -

>>Baruwasagar

MICR code for PNB Baruwasagar

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 Baruwasagar 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 PNB Bank for Baruwasagar branch. MICR code for Baruwasagar 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 Baruwasagar is presented in the table alongside.

Use of Punjab National Bank MICR code for Baruwasagar branch in barwasagar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Baruwasagar 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.