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PNB Parsa Bazar Patna Bihar MICR CODE

Find MICR Codes for PNB Parsa Bazar Patna Bihar

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Parsa Bazar
Contact Pramod Kr Verma 0612-3262040
Bank Details Punjab National Bank Parsa Bazar PUNB0294300
Location Parsa Bazar, Patna
City Parsa Bazar
District Patna
State Bihar
Pincode 804453
Country IN
Address Po parsa bazar, dist patna bihar 804453
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 patna

You can search through MICR Codes of Bihar branches in parsa bazar of District patna in Bihar State by using the search box or you can browse through the table using the conrols at the bottom.

How to find MICR codes for PNB in parsa bazar?

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

Punjab National Bank MICR code in parsa bazar

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