PNB Allahabad Allahabad Uttar Pradesh MICR CODE

Find MICR Codes for PNB Allahabad Allahabad Uttar Pradesh

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MICR Code	-NA-
Bank	Punjab National Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Asset Recovery Management Branch
Contact	R K Jain 0532 2560553 09413346338
Bank Details	Punjab National Bank Asset Recovery Management Branch PUNB0682500

Location	Allahabad, Allahabad
City	Allahabad
District	Allahabad
State	Uttar Pradesh
Pincode	211003
Country	IN
Address	Asset recovery management branch civil lines allahabad up

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 Asset Recovery Management Branch 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 , Asset Recovery Management Branch branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Asset Recovery Management Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 30 branches of Punjab National Bank are available with micr code -

>>Allahabad >>Allahabad Kydganj C Chest >>Allahabad Meerapur >>Allapur >>Alopi Bagh >>Asset Recovery Management Branch >>Chak Babura Alimabad >>Chowk Allahabad >>Circle Office Allahabad >>Civil Line >>Civil Lines Allahabad >>Colonel Ganj Allahabad >>Cppc Allahabad >>Georgetown >>Gohania >>Govindpur Allahabad >>Janpad Nyayadheesh Office >>Jushi Allahabad >>Kydganj Allahabad >>Micr >>Naini Allahabad >>Rajroop Pur Allahabad >>Ram Bagh >>Rapc Allahabad >>Rcc Allahabad >>Retail Fin Hub >>Saha Urf Pipalgaon >>Subedarganj >>Tagore Town >>Teliarganj

MICR code for PNB Asset Recovery Management Branch

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 Asset Recovery Management Branch 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 Asset Recovery Management Branch branch. MICR code for Asset Recovery Management Branch 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 Asset Recovery Management Branch is presented in the table alongside.

Use of Punjab National Bank MICR code for Asset Recovery Management Branch branch in allahabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Asset Recovery Management Branch 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.

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