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PNB Chaibasa Paschimi Singhbhum Jharkhand MICR CODE

Find MICR Codes for PNB Chaibasa Paschimi Singhbhum Jharkhand

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chaibasa
Contact 06582-256563 Pramod Kumar
Bank Details Punjab National Bank Chaibasa PUNB0107300
Location Chaibasa, Paschimi Singhbhum
City Chaibasa
District Paschimi Singhbhum
State Jharkhand
Pincode 833201
Country IN
Address West singhbhum, chaibasa jharkhand 833201
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 paschimi singhbhum

You can search through MICR Codes of Jharkhand branches in chaibasa of District paschimi singhbhum in Jharkhand 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 6 cities-

>>Asantaliya >>Bara Jhinkpani >>Chaibasa >>Jagannathpur >>Jamshedpur >>Pandrashali

How to find MICR codes for PNB in chaibasa?

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

Punjab National Bank MICR code in chaibasa

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