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PNB Ganganagar Taranagar Distt Churu . Rajasthan MICR CODE

Find MICR Codes for PNB Ganganagar Taranagar Distt Churu . Rajasthan

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Taranagar
Contact 1561-241555
Bank Details Punjab National Bank Taranagar PUNB0179310
Location Ganganagar, Taranagar Distt Churu .
City Ganganagar
District Taranagar Distt Churu .
State Rajasthan
Pincode 331304
Country IN
Address Taranagar,distt churu 331304
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 331024008 for Taranagar 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 331024008 of Punjab National Bank , Taranagar branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Taranagar branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Taranagar

MICR code for PNB Taranagar

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 Taranagar 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. 331024008 is the MICR code of PNB Bank for Taranagar branch. MICR code for Taranagar 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 Taranagar is presented in the table alongside.

Use of Punjab National Bank MICR code for Taranagar branch in ganganagar

The MICR code 331024008 is used in RBI cheque clearing process to identify the branch Taranagar 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.