MICR Code Bank
Find MICR code for PNB Nikol branches in India for NEFT and RTGS transfer

PNB Nikol MICR CODE

Find MICR Codes for PNB Nikol

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  1. Punjab National Bank »
  2. Gujarat »
  3. ahmadabad »
  4. ahmedabad »
  5. nikol (ahmedabad)

Find MICR Codes for PNB Nikol

MICR Code: -NA-
Bank: Punjab National Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Nikol (Ahmedabad)
Contact:
Bank Details: Punjab National Bank Nikol (Ahmedabad) PUNB0753700
Location: Ahmedabad, Ahmadabad
City: Ahmedabad
District: Ahmadabad
State: Gujarat
Pincode: 380051
Country: IN
Address: Shop no. 1 to 5, platinum plaza, opp. City centre mall, nikol, ahmedabad gujrat 380051

How does MICR code for nikol 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 of Punjab National Bank , nikol branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for nikol branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Punjab National Bank are available with micr code

>>Ahmedabad Back Office >>Ahmedabad Women Branch >>Currency Chest Ahmedabad >>Ghumma Ahmedabad >>Nawawadaj Ahmedabad >>Nikol (Ahmedabad)

MICR code for PNB nikol

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 nikol 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. is the MICR code of PNB Bank for nikol branch. MICR code for nikol 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 nikol is presented in the table alongside.

Use of Punjab National Bank MICR code for nikol branch in ahmedabad

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