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PNB Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for PNB Chennai Chennai Tamil Nadu

Bank
State
District
City
Branch
Address

MICR Code	600024012
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	Rajaji Salai Chennai
Contact	044-25341031,25341407,25342971 Captain Nargunan
Bank Details	Punjab National Bank Rajaji Salai Chennai PUNB0030500

Location	Chennai, Chennai
City	Chennai
District	Chennai
State	Tamil Nadu
Pincode	600001
Country	IN
Address	17, rajaji salai, chennai, tamil nadu - 600001

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 600024012 for Rajaji Salai Chennai 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 600024012 of Punjab National Bank , Rajaji Salai Chennai branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Rajaji Salai Chennai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 94 branches of Punjab National Bank are available with micr code -

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MICR code for PNB Rajaji Salai Chennai

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 Rajaji Salai Chennai 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. 600024012 is the MICR code of PNB Bank for Rajaji Salai Chennai branch. MICR code for Rajaji Salai Chennai 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 Rajaji Salai Chennai is presented in the table alongside.

Use of Punjab National Bank MICR code for Rajaji Salai Chennai branch in chennai

The MICR code 600024012 is used in RBI cheque clearing process to identify the branch Rajaji Salai Chennai 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.