PNB Erode Erode Tamil Nadu MICR CODE

Find MICR Codes for PNB Erode Erode Tamil Nadu

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Erode
Contact 0424 - 2254432,Mr.V.Nanda Kumar
Bank Details Punjab National Bank Erode PUNB0437800
Location Erode, Erode
City Erode
District Erode
State Tamil Nadu
Pincode 638001
Country IN
Address 112/7, brough road, 1st floor, near panner selvam park, erode, tamil nadu 638001
MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Erode
Contact 424-2268016
Bank Details Punjab National Bank Erode PUNB0071510
Location Erode, Erode
City Erode
District Erode
State Tamil Nadu
Pincode 638001
Country IN
Address No.43,first floor, gandhiji road 638001
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 638024004 for Erode 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 638024004 of Punjab National Bank , Erode branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Erode branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Punjab National Bank are available with micr code -

>>Clpc Erode >>Cutchery Road Erode Main >>Erode >>Erode >>Erode Gandhiji Road >>Erode Kalaimagal Kal.Nilayam >>Rapc Erode >>Rg Street Erode

MICR code for PNB Erode

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 Erode 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. 638024004 is the MICR code of PNB Bank for Erode branch. MICR code for Erode 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 Erode is presented in the table alongside.

Use of Punjab National Bank MICR code for Erode branch in erode

The MICR code 638024004 is used in RBI cheque clearing process to identify the branch Erode 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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