PNB Bilaspur Bilaspur Cg Chhattisgarh MICR CODE

Find MICR Codes for PNB Bilaspur Bilaspur Cg Chhattisgarh

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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	Bilaspurbilaspur Development
Contact	7752-35
Bank Details	Punjab National Bank Bilaspurbilaspur Development PUNB0518510

Location	Bilaspur, Bilaspur Cg
City	Bilaspur
District	Bilaspur Cg
State	Chhattisgarh
Pincode	495001
Country	IN
Address	Sai parisar, shrikant verma marg, vyapar vih 495001

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

A total of 4 branches of Punjab National Bank are available with micr code -

>>Bilaspurbilaspur Development >>Bilaspurchattisgarh >>Bilaspurcollectrate Premises >>Tifra Distt Bilaspur

MICR code for PNB Bilaspurbilaspur Development

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 Bilaspurbilaspur Development 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 Bilaspurbilaspur Development branch. MICR code for Bilaspurbilaspur Development 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 Bilaspurbilaspur Development is presented in the table alongside.

Use of Punjab National Bank MICR code for Bilaspurbilaspur Development branch in bilaspur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bilaspurbilaspur Development 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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