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PNB Multhan Kangra Himachal Pradesh MICR CODE

Find MICR Codes for PNB Multhan Kangra Himachal Pradesh

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Multhan
Contact P C Verma 01908-267242
Bank Details Punjab National Bank Multhan PUNB0245800
Location Multhan, Kangra
City Multhan
District Kangra
State Himachal Pradesh
Pincode
Country IN
Address Vpo multhan distt kangra hp
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 kangra

You can search through MICR Codes of Himachal Pradesh branches in multhan of District kangra in Himachal Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

How to find MICR codes for PNB in multhan?

PNB multhan 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 multhan, one can further search by branch name specified in the table. You can find MICR codes for all PNB multhan branches.

Punjab National Bank MICR code in multhan

PNB MICR code is a character recognition technology used by banks in the processing of cheques. Punjab National Bank MICR code for multhan 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 multhan, 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 multhan 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 multhan 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 multhan branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of PNB Bank MICR codes for multhan branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!