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PNB Eriyur Dharmapuri Tamil Nadu MICR CODE

Find MICR Codes for PNB Eriyur Dharmapuri Tamil Nadu

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Eriyur
Contact 04143-22272 Ekanathan
Bank Details Punjab National Bank Eriyur PUNB0170200
Location Eriyur, Dharmapuri
City Eriyur
District Dharmapuri
State Tamil Nadu
Pincode 606111
Country IN
Address Pennadam, r.s., eriyur, tamil nadu 606111
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 Eriyur 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 , Eriyur branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Eriyur 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 -

>>Eriyur

MICR code for PNB Eriyur

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 Eriyur 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 Eriyur branch. MICR code for Eriyur 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 Eriyur is presented in the table alongside.

Use of Punjab National Bank MICR code for Eriyur branch in eriyur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Eriyur 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.