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PNB Hailakandi Nagaon Assam MICR CODE

Find MICR Codes for PNB Hailakandi Nagaon Assam

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nagaon Region
Contact 0
Bank Details Punjab National Bank Nagaon Region PUNB0138220
Location Hailakandi, Nagaon
City Hailakandi
District Nagaon
State Assam
Pincode
Country IN
Address Haladhar bhuyan mktnatun bazar charali
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 Nagaon Region 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 , Nagaon Region branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Nagaon Region 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 -

>>Nagaon Region

MICR code for PNB Nagaon Region

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 Nagaon Region 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 Nagaon Region branch. MICR code for Nagaon Region 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 Nagaon Region is presented in the table alongside.

Use of Punjab National Bank MICR code for Nagaon Region branch in hailakandi

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