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PNB Bastam Saharanpur Uttar Pradesh MICR CODE

Find MICR Codes for PNB Bastam Saharanpur Uttar Pradesh

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bastam
Contact Om Pal Singh 01336-221548
Bank Details Punjab National Bank Bastam PUNB0246400
Location Bastam, Saharanpur
City Bastam
District Saharanpur
State Uttar Pradesh
Pincode 247001
Country IN
Address Vpo deoband, distt. Saharanpur, up 247001
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 saharanpur

You can search through MICR Codes of Uttar Pradesh branches in bastam of District saharanpur in Uttar Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

How to find MICR codes for PNB in bastam?

PNB bastam 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 bastam, one can further search by branch name specified in the table. You can find MICR codes for all PNB bastam branches.

Punjab National Bank MICR code in bastam

PNB MICR code is a character recognition technology used by banks in the processing of cheques. Punjab National Bank MICR code for bastam 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 bastam, 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 bastam 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 bastam 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 bastam branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of PNB Bank MICR codes for bastam branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!