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PNB Tindivanam Villupuram Tamil Nadu MICR CODE

Find MICR Codes for PNB Tindivanam Villupuram Tamil Nadu

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Myladuthurai
Contact 04364-223203 P Kokila
Bank Details Punjab National Bank Myladuthurai PUNB0034200
Location Tindivanam, Villupuram
City Tindivanam
District Villupuram
State Tamil Nadu
Pincode 604001
Country IN
Address Myladuthurai, 68 mahadana street, tamil nadu 604001
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 Myladuthurai 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 , Myladuthurai branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Myladuthurai 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 -

>>Myladuthurai

MICR code for PNB Myladuthurai

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

Use of Punjab National Bank MICR code for Myladuthurai branch in tindivanam

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