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PNB Kota Kota Rajasthan MICR CODE

Find MICR Codes for PNB Kota Kota Rajasthan

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ramganj Mandi Distt Kota
Contact 07459-223663 Seeta Ram Gupta
Bank Details Punjab National Bank Ramganj Mandi Distt Kota PUNB0446300
Location Kota, Kota
City Kota
District Kota
State Rajasthan
Pincode 326519
Country IN
Address Market no.1, ramganj mandi,distt kota, rajasthan 326519
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 Ramganj Mandi Distt Kota 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 , Ramganj Mandi Distt Kota branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Ramganj Mandi Distt Kota branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for PNB Ramganj Mandi Distt Kota

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 Ramganj Mandi Distt Kota 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 Ramganj Mandi Distt Kota branch. MICR code for Ramganj Mandi Distt Kota 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 Ramganj Mandi Distt Kota is presented in the table alongside.

Use of Punjab National Bank MICR code for Ramganj Mandi Distt Kota branch in kota

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ramganj Mandi Distt Kota 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.