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PNB Vaishali Mahnar Bihar MICR CODE

Find MICR Codes for PNB Vaishali Mahnar Bihar

Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mahnar
Contact 11-23718172
Bank Details Punjab National Bank Mahnar PUNB0938100
Location Vaishali, Mahnar
City Vaishali
District Mahnar
State Bihar
Pincode 844506
Country IN
Address Mahnar dist vaishali bh mahna 844506
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 Mahnar 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 , Mahnar branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Mahnar 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 -


MICR code for PNB Mahnar

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

Use of Punjab National Bank MICR code for Mahnar branch in vaishali

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