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PNB Fatehnagar Udaipur Rajasthan MICR CODE

Find MICR Codes for PNB Fatehnagar Udaipur Rajasthan

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Fatehnagar
Contact 02955-220074 P R Salvi
Bank Details Punjab National Bank Fatehnagar PUNB0089700
Location Fatehnagar, Udaipur
City Fatehnagar
District Udaipur
State Rajasthan
Pincode 313205
Country IN
Address Fateh nagar, distt udaipur, rajasthan 313205
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 Fatehnagar 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 , Fatehnagar branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Fatehnagar 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 -

>>Fatehnagar

MICR code for PNB Fatehnagar

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

Use of Punjab National Bank MICR code for Fatehnagar branch in fatehnagar

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