PNB Allahabad Allahabad Uttar Pradesh MICR CODE

Find MICR Codes for PNB Allahabad Allahabad Uttar Pradesh

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Colonel Ganj Allahabad
Contact 0532-2461317, mr. Sr Bhatt
Bank Details Punjab National Bank Colonel Ganj Allahabad PUNB0100100
Location Allahabad, Allahabad
City Allahabad
District Allahabad
State Uttar Pradesh
Pincode 211002
Country IN
Address University road, colonel ganj, allahabad
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 211024004 for Colonel Ganj Allahabad 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 211024004 of Punjab National Bank , Colonel Ganj Allahabad branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Colonel Ganj Allahabad branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for PNB Colonel Ganj Allahabad

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 Colonel Ganj Allahabad 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. 211024004 is the MICR code of PNB Bank for Colonel Ganj Allahabad branch. MICR code for Colonel Ganj Allahabad 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 Colonel Ganj Allahabad is presented in the table alongside.

Use of Punjab National Bank MICR code for Colonel Ganj Allahabad branch in allahabad

The MICR code 211024004 is used in RBI cheque clearing process to identify the branch Colonel Ganj Allahabad 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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