PNB Kolkata Kolkata West Bengal MICR CODE

Find MICR Codes for PNB Kolkata Kolkata West Bengal

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MICR Code	700024003
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	B K Pal Avenue
Contact	033-25543309 S. Tripathy
Bank Details	Punjab National Bank B K Pal Avenue PUNB0140500

Location	Kolkata, Kolkata
City	Kolkata
District	Kolkata
State	West Bengal
Pincode	700005
Country	IN
Address	7,raja nabakrishna street, kolkata, west bengal- 700005

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 700024003 for B K Pal Avenue 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 700024003 of Punjab National Bank , B K Pal Avenue branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for B K Pal Avenue branch, makes the characters readable even if there are other marks and stamps on it.

A total of 260 branches of Punjab National Bank are available with micr code -

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MICR code for PNB B K Pal Avenue

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 B K Pal Avenue 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. 700024003 is the MICR code of PNB Bank for B K Pal Avenue branch. MICR code for B K Pal Avenue 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 B K Pal Avenue is presented in the table alongside.

Use of Punjab National Bank MICR code for B K Pal Avenue branch in kolkata

The MICR code 700024003 is used in RBI cheque clearing process to identify the branch B K Pal Avenue 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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