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PNB Jamshedpur Paschimi Singhbhum Jharkhand MICR CODE

Find MICR Codes for PNB Jamshedpur Paschimi Singhbhum Jharkhand

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jamshedpur Sonari
Contact Ranjit Kumar Chatterjee
Bank Details Punjab National Bank Jamshedpur Sonari PUNB0663700
Location Jamshedpur, Paschimi Singhbhum
City Jamshedpur
District Paschimi Singhbhum
State Jharkhand
Pincode 831011
Country IN
Address Gauri devi gautam naulakha apartment f road jharkhand jamshedpur 831011
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 Jamshedpur Sonari 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 , Jamshedpur Sonari branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Jamshedpur Sonari branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Punjab National Bank are available with micr code -

>>Back Office Jamshedpur >>Jamshedpur Kharangajhar >>Jamshedpur Sonari >>Retail Asset Br. Jamshedpur

MICR code for PNB Jamshedpur Sonari

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 Jamshedpur Sonari 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 Jamshedpur Sonari branch. MICR code for Jamshedpur Sonari 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 Jamshedpur Sonari is presented in the table alongside.

Use of Punjab National Bank MICR code for Jamshedpur Sonari branch in jamshedpur

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