PNB Shahpura Bhopal Madhya Pradesh MICR CODE

Find MICR Codes for PNB Shahpura Bhopal Madhya Pradesh

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhopal Epco Shahpura
Contact Pradip Ghatpande 0755-2422051
Bank Details Punjab National Bank Bhopal Epco Shahpura PUNB0631000
Location Shahpura, Bhopal
City Shahpura
District Bhopal
State Madhya Pradesh
Pincode 462016
Country IN
Address Epco, paryavaran parisar e-5, arera colony, bhopal mp 462016
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 Bhopal Epco Shahpura 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 , Bhopal Epco Shahpura branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Bhopal Epco Shahpura branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Punjab National Bank are available with micr code -

>>Bhopal Epco Shahpura >>Shahpura

MICR code for PNB Bhopal Epco Shahpura

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 Bhopal Epco Shahpura 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 Bhopal Epco Shahpura branch. MICR code for Bhopal Epco Shahpura 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 Bhopal Epco Shahpura is presented in the table alongside.

Use of Punjab National Bank MICR code for Bhopal Epco Shahpura branch in shahpura

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bhopal Epco Shahpura 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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