PNB Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for PNB Chennai Chennai Tamil Nadu

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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	Chennai Two Nd Avenue Anna Nagar
Contact	44-26286964
Bank Details	Punjab National Bank Chennai Two Nd Avenue Anna Nagar PUNB0106110

Location	Chennai, Chennai
City	Chennai
District	Chennai
State	Tamil Nadu
Pincode	600040
Country	IN
Address	Ab 10 2nd avennu nagar chennai 600040

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 Chennai Two Nd Avenue Anna 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 0 of Punjab National Bank , Chennai Two Nd Avenue Anna Nagar branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Chennai Two Nd Avenue Anna Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 94 branches of Punjab National Bank are available with micr code -

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MICR code for PNB Chennai Two Nd Avenue Anna 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 Chennai Two Nd Avenue Anna 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. 0 is the MICR code of PNB Bank for Chennai Two Nd Avenue Anna Nagar branch. MICR code for Chennai Two Nd Avenue Anna 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 Chennai Two Nd Avenue Anna Nagar is presented in the table alongside.

Use of Punjab National Bank MICR code for Chennai Two Nd Avenue Anna Nagar branch in chennai

The MICR code 0 is used in RBI cheque clearing process to identify the branch Chennai Two Nd Avenue Anna 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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