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PNB Mahasamund Saraipali Chattishgarh Chhattisgarh MICR CODE

Find MICR Codes for PNB Mahasamund Saraipali Chattishgarh Chhattisgarh

Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Saraipali
Contact 0
Bank Details Punjab National Bank Saraipali PUNB0185920
Location Mahasamund, Saraipali Chattishgarh
City Mahasamund
District Saraipali Chattishgarh
State Chhattisgarh
Country IN
Address Raipur-samabalpur road,dist. Mahasamud,
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.

Search PNB MICR Codes in saraipali chattishgarh

You can search through MICR Codes of Chhattisgarh branches in mahasamund of District saraipali chattishgarh in Chhattisgarh State by using the search box or you can browse through the table using the conrols at the bottom.

Punjab National Bank branches with micr codes are available in 1 cities-


How to find MICR codes for PNB in mahasamund?

PNB mahasamund MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Punjab National Bank MICR codes list for mahasamund, one can further search by branch name specified in the table. You can find MICR codes for all PNB mahasamund branches.

Punjab National Bank MICR code in mahasamund

PNB MICR code is a character recognition technology used by banks in the processing of cheques. Punjab National Bank MICR code for mahasamund branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for PNB Bank branches in mahasamund, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does PNB Bank MICR code for mahasamund branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a PNB mahasamund branch, sprinted 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. Thus MICR code for Punjab National Bank mahasamund branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of PNB Bank MICR codes for mahasamund branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!