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PNB Murgawan Jehanabad Bihar MICR CODE

Find MICR Codes for PNB Murgawan Jehanabad Bihar

Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Murgaon
Contact Binod Kumar 9431684570
Bank Details Punjab National Bank Murgaon PUNB0239100
Location Murgawan, Jehanabad
City Murgawan
District Jehanabad
State Bihar
Pincode 804426
Country IN
Address Murgawan, distt. Jehanabad bihar 804426
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 Murgaon 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 , Murgaon branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Murgaon 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 Murgaon

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

Use of Punjab National Bank MICR code for Murgaon branch in murgawan

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