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PNB South Goa Margaongoa Goa MICR CODE

Find MICR Codes for PNB South Goa Margaongoa Goa

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Margaongoa
Contact 0
Bank Details Punjab National Bank Margaongoa PUNB0123320
Location South Goa, Margaongoa
City South Goa
District Margaongoa
State Goa
Pincode
Country IN
Address Karishma appartments,m,argaon goa
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 margaongoa

You can search through MICR Codes of Goa branches in south goa of District margaongoa in Goa State by using the search box or you can browse through the table using the conrols at the bottom.

Punjab National Bank branches with micr codes are available in 1 cities-

>>South Goa

How to find MICR codes for PNB in south goa?

PNB south goa 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 south goa, one can further search by branch name specified in the table. You can find MICR codes for all PNB south goa branches.

Punjab National Bank MICR code in south goa

PNB MICR code is a character recognition technology used by banks in the processing of cheques. Punjab National Bank MICR code for south goa 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 south goa, 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 south goa 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 south goa 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 south goa branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of PNB Bank MICR codes for south goa branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!