PNB Chandannagar Hooghly West Bengal MICR CODE

Find MICR Codes for PNB Chandannagar Hooghly West Bengal

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chandan Nagar
Contact 033-26836483 Dipak Kumar Roy
Bank Details Punjab National Bank Chandan Nagar PUNB0149800
Location Chandannagar, Hooghly
City Chandannagar
District Hooghly
State West Bengal
Pincode 712136
Country IN
Address Chandan nagar, distt. Hooghly, west bengal 712136
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 700024072 for Chandan Nagar 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 700024072 of Punjab National Bank , Chandan Nagar branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Chandan Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Punjab National Bank are available with micr code -

>>Chandan Nagar

MICR code for PNB Chandan Nagar

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 Chandan Nagar 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. 700024072 is the MICR code of PNB Bank for Chandan Nagar branch. MICR code for Chandan Nagar 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 Chandan Nagar is presented in the table alongside.

Use of Punjab National Bank MICR code for Chandan Nagar branch in chandannagar

The MICR code 700024072 is used in RBI cheque clearing process to identify the branch Chandan Nagar 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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