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PNB Satha Begusarai Bihar MICR CODE

Find MICR Codes for PNB Satha Begusarai Bihar

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nauwadih Satha
Contact
Bank Details Punjab National Bank Nauwadih Satha PUNB0990800
Location Satha, Begusarai
City Satha
District Begusarai
State Bihar
Pincode 845458
Country IN
Address Nauwadih opp satha sugar mill campus of gurukul international school satha bihar 845458
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.

Search PNB MICR Codes in begusarai

You can search through MICR Codes of Bihar branches in satha of District begusarai in Bihar State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Punjab National Bank are available with micr code -

>>Nauwadih Satha

How to find MICR codes for PNB in satha?

PNB satha MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Punjab National Bank MICR codes list for satha, one can further search by branch name specified in the table. You can find MICR codes for all PNB satha branches.

Punjab National Bank MICR code in satha

PNB MICR code is a character recognition technology used by banks in the processing of cheques. Punjab National Bank MICR code for satha branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for PNB Bank branches in satha, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does PNB Bank MICR code for satha branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a PNB satha branch, sprinted 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. Thus MICR code for Punjab National Bank satha branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of PNB Bank MICR codes for satha branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!