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PNB Bilaspur Bilaspur Chhattisgarh MICR CODE

Find MICR Codes for PNB Bilaspur Bilaspur Chhattisgarh

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Punjab National Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Budhwari Bazaar
Contact	07752-221271,230886 H R Yadav
Bank Details	Punjab National Bank Budhwari Bazaar PUNB0159000

Location	Bilaspur, Bilaspur
City	Bilaspur
District	Bilaspur
State	Chhattisgarh
Pincode	495004
Country	IN
Address	Budhwari bazaar, near railway station, railway colony, bilaspur, chattisgarh - 495 004

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

A total of 15 branches of Punjab National Bank are available with micr code -

>>Bilaspur >>Bilaspur Cims (Cg) >>Bilaspur Dayal Bandh >>Bilaspur Sadar Bazar >>Budhwari Bazaar >>Circle Sastra Center Bilaspur >>Cirlce Office Bilaspur >>Gandhi Chowkbilashpur >>Koni Distt Bilaspur >>Lingiyadeeh Raipur >>Rab Bilaspur >>Tifra >>Torwa (Bilaspur) >>Uslapur >>Vyapar Vihar(Bilaspur)

MICR code for PNB Budhwari Bazaar

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 Budhwari Bazaar 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 Budhwari Bazaar branch. MICR code for Budhwari Bazaar 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 Budhwari Bazaar is presented in the table alongside.

Use of Punjab National Bank MICR code for Budhwari Bazaar branch in bilaspur

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