PNB Jodhpur Jodhpur Rajasthan MICR CODE

Find MICR Codes for PNB Jodhpur Jodhpur Rajasthan

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sardar School
Contact 0291-2636960, Jk Goyal
Bank Details Punjab National Bank Sardar School PUNB0414500
Location Jodhpur, Jodhpur
City Jodhpur
District Jodhpur
State Rajasthan
Pincode 342008
Country IN
Address Sardar school, bherubag, jodhpur, rajasthan
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 342024011 for Sardar School 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 342024011 of Punjab National Bank , Sardar School branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Sardar School branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for PNB Sardar School

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 Sardar School 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. 342024011 is the MICR code of PNB Bank for Sardar School branch. MICR code for Sardar School 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 Sardar School is presented in the table alongside.

Use of Punjab National Bank MICR code for Sardar School branch in jodhpur

The MICR code 342024011 is used in RBI cheque clearing process to identify the branch Sardar School 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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