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PNB Palamu Palamu Jd Jharkhand MICR CODE

Find MICR Codes for PNB Palamu Palamu Jd Jharkhand

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Daltonganj Distt. Palamu
Contact 6562-7858866141
Bank Details Punjab National Bank Daltonganj Distt. Palamu PUNB0201010
Location Palamu, Palamu Jd
City Palamu
District Palamu Jd
State Jharkhand
Pincode 822101
Country IN
Address Daltonganj ganpati dharamsala rd 822101
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.

Search PNB MICR Codes in palamu jd

You can search through MICR Codes of Jharkhand branches in palamu of District palamu jd in Jharkhand State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Punjab National Bank are available with micr code -

>>Daltonganj Distt. Palamu

How to find MICR codes for PNB in palamu?

PNB palamu MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Punjab National Bank MICR codes list for palamu, one can further search by branch name specified in the table. You can find MICR codes for all PNB palamu branches.

Punjab National Bank MICR code in palamu

PNB MICR code is a character recognition technology used by banks in the processing of cheques. Punjab National Bank MICR code for palamu branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for PNB Bank branches in palamu, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does PNB Bank MICR code for palamu branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a PNB palamu branch, sprinted 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. Thus MICR code for Punjab National Bank palamu branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of PNB Bank MICR codes for palamu branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!