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PNB Tirupur Coimbotore Tamil Nadu MICR CODE

Find MICR Codes for PNB Tirupur Coimbotore Tamil Nadu

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Park Road
Contact 0421-2202891/2246159 S Ganesan
Bank Details Punjab National Bank Park Road PUNB0044900
Location Tirupur, Coimbotore
City Tirupur
District Coimbotore
State Tamil Nadu
Pincode 641601
Country IN
Address 23 park road sowdambika mansion , tirupur, tamilnadu- 641601
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 641024102 for Park Road 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 641024102 of Punjab National Bank , Park Road branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Park Road 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 -

>>Park Road >>Tirupur (Enbl)

MICR code for PNB Park Road

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 Park Road 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. 641024102 is the MICR code of PNB Bank for Park Road branch. MICR code for Park Road 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 Park Road is presented in the table alongside.

Use of Punjab National Bank MICR code for Park Road branch in tirupur

The MICR code 641024102 is used in RBI cheque clearing process to identify the branch Park Road 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.