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PNB Manendragarh Koriya Chhattisgarh MICR CODE

Find MICR Codes for PNB Manendragarh Koriya Chhattisgarh

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Manemdragarh
Contact 07771 - 241224 Tilak Singh
Bank Details Punjab National Bank Manemdragarh PUNB0303700
Location Manendragarh, Koriya
City Manendragarh
District Koriya
State Chhattisgarh
Pincode 497442
Country IN
Address Near ram mandir, manendragarh, distt koria, chattisgarh 497442
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 Manemdragarh 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 , Manemdragarh branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Manemdragarh 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 -

>>Manemdragarh

MICR code for PNB Manemdragarh

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

Use of Punjab National Bank MICR code for Manemdragarh branch in manendragarh

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