PNB Mysore Mysore Karnataka MICR CODE

Find MICR Codes for PNB Mysore Mysore Karnataka

Bank
State
District
City
Branch
Address

MICR Code	570024005
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	Saraswathipuram Mysore
Contact	0821- 2543422 R V Raman
Bank Details	Punjab National Bank Saraswathipuram Mysore PUNB0425000

Location	Mysore, Mysore
City	Mysore
District	Mysore
State	Karnataka
Pincode	570001
Country	IN
Address	Pb no 20, 267 kaveri complex, 16th main, saraswati puram, mysore, karnataka 570001

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 570024005 for Saraswathipuram Mysore 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 570024005 of Punjab National Bank , Saraswathipuram Mysore branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Saraswathipuram Mysore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of Punjab National Bank are available with micr code -

>>Mysore >>Mysore >>Mysore Dist. Court Complex >>Mysore Main >>Mysoredevraj Urs Road >>Mysorejayalaksmipram >>Saraswathipuram Mysore >>Sjce Mysore >>V.V Market Mysore

MICR code for PNB Saraswathipuram Mysore

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 Saraswathipuram Mysore 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. 570024005 is the MICR code of PNB Bank for Saraswathipuram Mysore branch. MICR code for Saraswathipuram Mysore 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 Saraswathipuram Mysore is presented in the table alongside.

Use of Punjab National Bank MICR code for Saraswathipuram Mysore branch in mysore

The MICR code 570024005 is used in RBI cheque clearing process to identify the branch Saraswathipuram Mysore 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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