PNB Parbhani Sindi Maharashtra MICR CODE

Find MICR Codes for PNB Parbhani Sindi Maharashtra

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Parli Viajnath
Contact 0-23765326
Bank Details Punjab National Bank Parli Viajnath PUNB0021930
Location Parbhani, Sindi
City Parbhani
District Sindi
State Maharashtra
Pincode 431401
Country IN
Address House n 397 city survey
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 Parli Viajnath 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 , Parli Viajnath branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Parli Viajnath 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 -

>>Parli Viajnath

MICR code for PNB Parli Viajnath

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 Parli Viajnath 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 Parli Viajnath branch. MICR code for Parli Viajnath 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 Parli Viajnath is presented in the table alongside.

Use of Punjab National Bank MICR code for Parli Viajnath branch in parbhani

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

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