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PNB Daman Daman Daman And Diu MICR CODE

Find MICR Codes for PNB Daman Daman Daman And Diu

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Daman Gujrat
Contact
Bank Details Punjab National Bank Daman Gujrat PUNB0717000
Location Daman, Daman
City Daman
District Daman
State Daman And Diu
Pincode 396210
Country IN
Address Shop no 1 to 4 on ground floor sri krishna apartment, opp income tax office ,daman,gujarat 396210
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 daman

You can search through MICR Codes of Daman And Diu branches in daman of District daman in Daman And Diu 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 1 cities-

>>Daman

How to find MICR codes for PNB in daman?

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

Punjab National Bank MICR code in daman

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