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PNB Daudnagar Aurangabad Bihar MICR CODE

Find MICR Codes for PNB Daudnagar Aurangabad Bihar

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Daud Nagar
Contact Kr Dilbagh Singh 06328-228627
Bank Details Punjab National Bank Daud Nagar PUNB0386100
Location Daudnagar, Aurangabad
City Daudnagar
District Aurangabad
State Bihar
Pincode 824113
Country IN
Address Dist aurangabad bihar 824113
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 aurangabad

You can search through MICR Codes of Bihar branches in daudnagar of District aurangabad in Bihar State by using the search box or you can browse through the table using the conrols at the bottom.

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

>>Daud Nagar

How to find MICR codes for PNB in daudnagar?

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

Punjab National Bank MICR code in daudnagar

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