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PNB Pandarak Patna Bihar MICR CODE

Find MICR Codes for PNB Pandarak Patna Bihar

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pandarak
Contact Upendra Prasad Karak 9835292092
Bank Details Punjab National Bank Pandarak PUNB0290500
Location Pandarak, Patna
City Pandarak
District Patna
State Bihar
Pincode 803221
Country IN
Address Pandarak, patna bihar 803221
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 Pandarak 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 , Pandarak branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Pandarak branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Punjab National Bank are available with micr code -

>>Mamarkhabad (Distt Patna) >>Pandarak

MICR code for PNB Pandarak

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

Use of Punjab National Bank MICR code for Pandarak branch in pandarak

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