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PNB Vijayapura Bangalore Rural Karnataka MICR CODE

Find MICR Codes for PNB Vijayapura Bangalore Rural Karnataka

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vijayanagara
Contact 35TH MAIN SANKASHTAHARA GANAPATHI TEMPLE RD RPC LAYOUT VIJAYANAGARA KA BANGA 560104
Bank Details Punjab National Bank Vijayanagara PUNB0588500
Location Vijayapura, Bangalore Rural
City Vijayapura
District Bangalore Rural
State Karnataka
Pincode
Country IN
Address 7760633655
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 0 for Vijayanagara 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 0 of Punjab National Bank , Vijayanagara branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Vijayanagara 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 -

>>Vijayanagara

MICR code for PNB Vijayanagara

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 Vijayanagara 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. 0 is the MICR code of PNB Bank for Vijayanagara branch. MICR code for Vijayanagara 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 Vijayanagara is presented in the table alongside.

Use of Punjab National Bank MICR code for Vijayanagara branch in vijayapura

The MICR code 0 is used in RBI cheque clearing process to identify the branch Vijayanagara 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.