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PNB Sama Vadodara Gujarat MICR CODE

Find MICR Codes for PNB Sama Vadodara Gujarat

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch New Sama Road
Contact 0265-2760031 J P Agarwal
Bank Details Punjab National Bank New Sama Road PUNB0196100
Location Sama, Vadodara
City Sama
District Vadodara
State Gujarat
Pincode 390002
Country IN
Address 56, sinbiotics society, rukshmani nagar, new sama road, vadodara, gujarat 390002
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 390024003 for New Sama Road 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 390024003 of Punjab National Bank , New Sama Road branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for New Sama Road 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 -

>>New Sama Road

MICR code for PNB New Sama Road

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 New Sama Road 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. 390024003 is the MICR code of PNB Bank for New Sama Road branch. MICR code for New Sama Road 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 New Sama Road is presented in the table alongside.

Use of Punjab National Bank MICR code for New Sama Road branch in sama

The MICR code 390024003 is used in RBI cheque clearing process to identify the branch New Sama Road 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.