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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 of Punjab National Bank , bhayander branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for bhayander branch, makes the characters readable even if there are other marks and stamps on it.
>>Ambarnath E >>Atgaon Disttthane >>Bhayander (East) >>Circle Sastra Centre Thane >>Ghodbunder Road >>Ghodbunder Road Thane >>Kalyan >>M.G. Road >>Retail Asset Branch Thane >>Retail Asset Branch Vashi Mui >>Shivaji Nagar Thane West >>Shivaji Path Thane >>Thane >>Thane Boisar >>Thane East >>Thane Mira Road >>Thane Nalasopara >>Thane Vasai W >>Thane Virar >>Thane Wagle Estate >>Thanebhayanderw >>Thanepokran >>Thaneram Maruti Road >>Thaneulhas Nagar >>Vrindavan Society Thane
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 bhayander 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. is the MICR code of PNB Bank for bhayander branch. MICR code for bhayander 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 bhayander is presented in the table alongside.
The MICR code is used in RBI cheque clearing process to identify the branch bhayander 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.