PNB Bokaro Bokaro Jharkhand MICR CODE

Find MICR Codes for PNB Bokaro Bokaro Jharkhand

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	Phusro
Contact	Bandhan Toppo 06549-221144
Bank Details	Punjab National Bank Phusro PUNB0454500

Location	Bokaro, Bokaro
City	Bokaro
District	Bokaro
State	Jharkhand
Pincode	829144
Country	IN
Address	Phusro yamuna market, main road, phusro jharkhand 829144

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 Phusro 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 , Phusro branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Phusro branch, makes the characters readable even if there are other marks and stamps on it.

A total of 13 branches of Punjab National Bank are available with micr code -

>>Bo Naudiha >>Bo Pipra >>Bokaro >>Cac Bokaro >>Chas Bokaro >>Circle Office Bokaro >>Circle Sastra Centre Bokaro >>Clpc Bokaro >>Phusro >>Rapc Bokaro >>Sector I Bokaro >>Steel City Bokaro >>Urwan

MICR code for PNB Phusro

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

Use of Punjab National Bank MICR code for Phusro branch in bokaro

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