Let Others Know
×
LinkedIn
Email
WhatsApp

PNB Pingboni East Medinipur West Bengal MICR CODE

Find MICR Codes for PNB Pingboni East Medinipur West Bengal

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pingboni
Contact Rabindra Pandit 03227-288239
Bank Details Punjab National Bank Pingboni PUNB0147700
Location Pingboni, East Medinipur
City Pingboni
District East Medinipur
State West Bengal
Pincode 721128
Country IN
Address Vill & po: pingboni paschim midnapur, west bengal 721128
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 Pingboni 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 , Pingboni branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Pingboni 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 -

>>Pingboni

MICR code for PNB Pingboni

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

Use of Punjab National Bank MICR code for Pingboni branch in pingboni

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