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PNB Mysore Mysore Karnataka MICR CODE

Find MICR Codes for PNB Mysore Mysore Karnataka

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch V.V Market Mysore
Contact 0821-2443659, N B Hurukadli
Bank Details Punjab National Bank V.V Market Mysore PUNB0078500
Location Mysore, Mysore
City Mysore
District Mysore
State Karnataka
Pincode 570004
Country IN
Address N0-581,thyagaraja circle,v.v.market, mysore, karnataka - 570004
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 570024004 for V.V Market 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 570024004 of Punjab National Bank , V.V Market Mysore branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for V.V Market 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 V.V Market 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 V.V Market 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. 570024004 is the MICR code of PNB Bank for V.V Market Mysore branch. MICR code for V.V Market 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 V.V Market Mysore is presented in the table alongside.

Use of Punjab National Bank MICR code for V.V Market Mysore branch in mysore

The MICR code 570024004 is used in RBI cheque clearing process to identify the branch V.V Market 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.