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PNB Salem Erode Tamil Nadu MICR CODE

Find MICR Codes for PNB Salem Erode Tamil Nadu

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Punjab National Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Pallipalayam
Contact	0
Bank Details	Punjab National Bank Pallipalayam PUNB0100220

Location	Salem, Erode
City	Salem
District	Erode
State	Tamil Nadu
Pincode
Country	IN
Address	47,thiruchengodu rd,erode,tamilnadu

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 Pallipalayam 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 , Pallipalayam branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Pallipalayam 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 -

>>Pallipalayam

MICR code for PNB Pallipalayam

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

Use of Punjab National Bank MICR code for Pallipalayam branch in salem

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