MICR Code Bank
Find MICR code for PNB Currency Chest Bhopal branches in India for NEFT and RTGS transfer

PNB Currency Chest Bhopal MICR CODE

Find MICR Codes for PNB Currency Chest Bhopal

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  1. Punjab National Bank »
  2. Madhya Pradesh »
  3. bhopal »
  4. bhopal »
  5. currency chest bhopal (m.p)

Find MICR Codes for PNB Currency Chest Bhopal

MICR Code: -NA-
Bank: Punjab National Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Currency Chest Bhopal (M.P)
Contact: Bo6983@pnb.Co.In
Bank Details: Punjab National Bank Currency Chest Bhopal (M.P) PUNB0698300
Location: Bhopal, Bhopal
City: Bhopal
District: Bhopal
State: Madhya Pradesh
Pincode: 462001
Country: IN
Address: Arera hills jail road bhopal

How does MICR code for currency chest bhopal 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 of Punjab National Bank , currency chest bhopal branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for currency chest bhopal branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for PNB currency chest bhopal

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 currency chest bhopal 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. is the MICR code of PNB Bank for currency chest bhopal branch. MICR code for currency chest bhopal 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 currency chest bhopal is presented in the table alongside.

Use of Punjab National Bank MICR code for currency chest bhopal branch in bhopal

The MICR code is used in RBI cheque clearing process to identify the branch currency chest bhopal 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.