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PNB Mandvi Kachchh Gujarat MICR CODE

Find MICR Codes for PNB Mandvi Kachchh Gujarat

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Durgapur (Teh Mandavi)
Contact 8401534668
Bank Details Punjab National Bank Durgapur (Teh Mandavi) PUNB0767400
Location Mandvi, Kachchh
City Mandvi
District Kachchh
State Gujarat
Pincode
Country IN
Address Durgapur,tehsil mandvi (gujrat)
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 Durgapur (Teh Mandavi) 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 , Durgapur (Teh Mandavi) branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Durgapur (Teh Mandavi) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Punjab National Bank are available with micr code -

>>Durgapur (Teh Mandavi) >>Gundayali (Distt Kutch)

MICR code for PNB Durgapur (Teh Mandavi)

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 Durgapur (Teh Mandavi) 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 Durgapur (Teh Mandavi) branch. MICR code for Durgapur (Teh Mandavi) 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 Durgapur (Teh Mandavi) is presented in the table alongside.

Use of Punjab National Bank MICR code for Durgapur (Teh Mandavi) branch in mandvi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Durgapur (Teh Mandavi) 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.