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PNB Munger Bihar Bihar MICR CODE

Find MICR Codes for PNB Munger Bihar Bihar

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Currency Chest Munger
Contact 0
Bank Details Punjab National Bank Currency Chest Munger PUNB0699300
Location Munger, Bihar
City Munger
District Bihar
State Bihar
Pincode 845101
Country IN
Address Currency chest, munger, dist.munger
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 bihar

You can search through MICR Codes of Bihar branches in munger of District bihar in Bihar 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-

>>Munger

How to find MICR codes for PNB in munger?

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

Punjab National Bank MICR code in munger

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