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PNB Basna Mahasamund Chhattisgarh MICR CODE

Find MICR Codes for PNB Basna Mahasamund Chhattisgarh

Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Basna
Contact 07724-246554 Om Prakash Dubey
Bank Details Punjab National Bank Basna PUNB0267900
Location Basna, Mahasamund
City Basna
District Mahasamund
State Chhattisgarh
Pincode 493554
Country IN
Address Basna, at po:basna distt: mahasamund, chhattisgarh 493554
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.

Search PNB MICR Codes in mahasamund

You can search through MICR Codes of Chhattisgarh branches in basna of District mahasamund in Chhattisgarh State by using the search box or you can browse through the table using the conrols at the bottom.

Punjab National Bank branches with micr codes are available in 5 cities-

>>Bagbahara >>Basna >>Bhiwani >>Mahasamund >>Nartora

How to find MICR codes for PNB in basna?

PNB basna MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Punjab National Bank MICR codes list for basna, one can further search by branch name specified in the table. You can find MICR codes for all PNB basna branches.

Punjab National Bank MICR code in basna

PNB MICR code is a character recognition technology used by banks in the processing of cheques. Punjab National Bank MICR code for basna branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for PNB Bank branches in basna, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does PNB Bank MICR code for basna branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a PNB basna branch, sprinted 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. Thus MICR code for Punjab National Bank basna branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of PNB Bank MICR codes for basna branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!