PNB Batala Gurdaspur Punjab MICR CODE

Find MICR Codes for PNB Batala Gurdaspur Punjab

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dainik Prathna Sabha
Contact 01871-221767 Sat Pal Thapar
Bank Details Punjab National Bank Dainik Prathna Sabha PUNB0470700
Location Batala, Gurdaspur
City Batala
District Gurdaspur
State Punjab
Pincode 143505
Country IN
Address Dainik prathna sabha, qilla mandi, batala, distt-gurdaspur, punjab 143505
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 Dainik Prathna Sabha 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 , Dainik Prathna Sabha branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Dainik Prathna Sabha branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for PNB Dainik Prathna Sabha

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 Dainik Prathna Sabha 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 Dainik Prathna Sabha branch. MICR code for Dainik Prathna Sabha 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 Dainik Prathna Sabha is presented in the table alongside.

Use of Punjab National Bank MICR code for Dainik Prathna Sabha branch in batala

The MICR code 0 is used in RBI cheque clearing process to identify the branch Dainik Prathna Sabha 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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