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PNB Dantewara Dantewada Chhattisgarh MICR CODE

Find MICR Codes for PNB Dantewara Dantewada Chhattisgarh

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dantewada
Contact Jagabandhu Sethi 9424225355
Bank Details Punjab National Bank Dantewada PUNB0494900
Location Dantewara, Dantewada
City Dantewara
District Dantewada
State Chhattisgarh
Pincode 494449
Country IN
Address Below amber lodge, near bus stand farastal chowk, distt. Dantewada chattisgarh 494449
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 494024002 for Dantewada 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 494024002 of Punjab National Bank , Dantewada branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Dantewada branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Punjab National Bank are available with micr code -

>>Dantewada

MICR code for PNB Dantewada

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 Dantewada 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. 494024002 is the MICR code of PNB Bank for Dantewada branch. MICR code for Dantewada 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 Dantewada is presented in the table alongside.

Use of Punjab National Bank MICR code for Dantewada branch in dantewara

The MICR code 494024002 is used in RBI cheque clearing process to identify the branch Dantewada 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.