PNB Sagar Sagar Madhya Pradesh MICR CODE

Find MICR Codes for PNB Sagar Sagar Madhya 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	Bo Katra Bazar Sagar Currency Chest(Mp)
Contact
Bank Details	Punjab National Bank Bo Katra Bazar Sagar Currency Chest(Mp) PUNB0705300

Location	Sagar, Sagar
City	Sagar
District	Sagar
State	Madhya Pradesh
Pincode	470002
Country	IN
Address	Currency chest back office katra bazar sagar mp 470002

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.

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Bo Katra Bazar Sagar Currency Chest(Mp) (0)

How does MICR code 0 for Bo Katra Bazar Sagar Currency Chest(Mp) 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 , Bo Katra Bazar Sagar Currency Chest(Mp) branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Bo Katra Bazar Sagar Currency Chest(Mp) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Punjab National Bank are available with micr code -

>>Bo Katra Bazar Sagar Currency Chest(Mp) >>Katra Bazar Saugor >>Sadar Bazar >>Sagar >>Sagar 36 Infantry Div(Hawk) >>Sagar Cantt >>Sagarmp

MICR code for PNB Bo Katra Bazar Sagar Currency Chest(Mp)

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 Bo Katra Bazar Sagar Currency Chest(Mp) 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 Bo Katra Bazar Sagar Currency Chest(Mp) branch. MICR code for Bo Katra Bazar Sagar Currency Chest(Mp) 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 Bo Katra Bazar Sagar Currency Chest(Mp) is presented in the table alongside.

Use of Punjab National Bank MICR code for Bo Katra Bazar Sagar Currency Chest(Mp) branch in sagar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bo Katra Bazar Sagar Currency Chest(Mp) 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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