Let Others Know
×
LinkedIn
Email
WhatsApp

PNB Junagadh Junagadh Gujarat MICR CODE

Find MICR Codes for PNB Junagadh Junagadh Gujarat

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Junagadh
Contact 285-2674851
Bank Details Punjab National Bank Junagadh PUNB0082010
Location Junagadh, Junagadh
City Junagadh
District Junagadh
State Gujarat
Pincode 362001
Country IN
Address Raijinagar, n k mehta road 362001
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 362024003 for Junagadh 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 362024003 of Punjab National Bank , Junagadh branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Junagadh 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 -

>>Junagadh >>Junagarh

MICR code for PNB Junagadh

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 Junagadh 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. 362024003 is the MICR code of PNB Bank for Junagadh branch. MICR code for Junagadh 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 Junagadh is presented in the table alongside.

Use of Punjab National Bank MICR code for Junagadh branch in junagadh

The MICR code 362024003 is used in RBI cheque clearing process to identify the branch Junagadh 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.