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PNB Naila Janjgir Janjgir Champa Chhattisgarh MICR CODE

Find MICR Codes for PNB Naila Janjgir Janjgir Champa Chhattisgarh

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Naila
Contact 07817-222294,223693, Ak Patel
Bank Details Punjab National Bank Naila PUNB0273100
Location Naila Janjgir, Janjgir Champa
City Naila Janjgir
District Janjgir Champa
State Chhattisgarh
Pincode 495668
Country IN
Address Near railway station, naila, distt. Janjgir-champa, chattisgarh 495668
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 Naila 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 , Naila branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Naila branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Punjab National Bank are available with micr code -

>>Naila >>Naila Currency Chest

MICR code for PNB Naila

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

Use of Punjab National Bank MICR code for Naila branch in naila janjgir

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