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PNB Palanpur Banaskantha Gujarat MICR CODE

Find MICR Codes for PNB Palanpur Banaskantha Gujarat

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Palanpur
Contact R L Shrimali 02742-255253
Bank Details Punjab National Bank Palanpur PUNB0489000
Location Palanpur, Banaskantha
City Palanpur
District Banaskantha
State Gujarat
Pincode 285001
Country IN
Address Maruti business centre, sanskut shooping and residency, ahmedabad abu highway gujrat 285001
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 banaskantha

You can search through MICR Codes of Gujarat branches in palanpur of District banaskantha in Gujarat State by using the search box or you can browse through the table using the conrols at the bottom.

Punjab National Bank branches with micr codes are available in 1 cities-

>>Palanpur

How to find MICR codes for PNB in palanpur?

PNB palanpur 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 palanpur, one can further search by branch name specified in the table. You can find MICR codes for all PNB palanpur branches.

Punjab National Bank MICR code in palanpur

PNB MICR code is a character recognition technology used by banks in the processing of cheques. Punjab National Bank MICR code for palanpur 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 palanpur, 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 palanpur 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 palanpur 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 palanpur branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of PNB Bank MICR codes for palanpur branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!