PNB Varanasi Varanasi Uttar Pradesh MICR CODE

Find MICR Codes for PNB Varanasi Varanasi Uttar Pradesh

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Maldahiya
Contact 0542-2400009 Ravindra Kumar Tiwari
Bank Details Punjab National Bank Maldahiya PUNB0418200
Location Varanasi, Varanasi
City Varanasi
District Varanasi
State Uttar Pradesh
Pincode 221002
Country IN
Address C21/1-35, lajpat nagar, maldehiya, varanasi, up
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 221024008 for Maldahiya 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 221024008 of Punjab National Bank , Maldahiya branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Maldahiya branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for PNB Maldahiya

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 Maldahiya 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. 221024008 is the MICR code of PNB Bank for Maldahiya branch. MICR code for Maldahiya 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 Maldahiya is presented in the table alongside.

Use of Punjab National Bank MICR code for Maldahiya branch in varanasi

The MICR code 221024008 is used in RBI cheque clearing process to identify the branch Maldahiya 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.

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