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PNB Karauli Hindaun Rajasthan MICR CODE

Find MICR Codes for PNB Karauli Hindaun Rajasthan

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Punjab National Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kailash Nagar New Mandi
Contact	9950063996
Bank Details	Punjab National Bank Kailash Nagar New Mandi PUNB0534600

Location	Karauli, Hindaun
City	Karauli
District	Hindaun
State	Rajasthan
Pincode	322230
Country	IN
Address	Punjab national bank kailash nagar new mandi yard rj hind 322230

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 Kailash Nagar New Mandi 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 , Kailash Nagar New Mandi branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Kailash Nagar New Mandi 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 -

>>Hindaun >>Kailash Nagar New Mandi >>Norangabad Sh Mahaveerji >>Riicohindaundistt Karauli

MICR code for PNB Kailash Nagar New Mandi

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 Kailash Nagar New Mandi 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 Kailash Nagar New Mandi branch. MICR code for Kailash Nagar New Mandi 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 Kailash Nagar New Mandi is presented in the table alongside.

Use of Punjab National Bank MICR code for Kailash Nagar New Mandi branch in karauli

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kailash Nagar New Mandi 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.