PNB Faizabad Faizabad Uttar Pradesh MICR CODE

Find MICR Codes for PNB Faizabad Faizabad Uttar Pradesh

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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	Faizabad Chowk
Contact	05278-227080,220520 B.B.Srivastava
Bank Details	Punjab National Bank Faizabad Chowk PUNB0016600

Location	Faizabad, Faizabad
City	Faizabad
District	Faizabad
State	Uttar Pradesh
Pincode	224001
Country	IN
Address	Bazaza chowk, faizabad, up 224001

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 Faizabad Chowk 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 , Faizabad Chowk branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Faizabad Chowk branch, makes the characters readable even if there are other marks and stamps on it.

A total of 20 branches of Punjab National Bank are available with micr code -

>>Ashapur >>Back Office Faizabad >>Civil Lines >>Currency Chest Bo Faizabad >>Currency Chest Civil Lines Faizabad >>Dogra Regiment Centre Faizabad >>Faizabad >>Faizabad >>Faizabad Chowk >>Faizabad Lic Beniganj >>Faizabad R.M. Office >>Faizabad Vikas Bhawan >>Jhapra >>Kumarganj >>Kurebhar >>Naveen Mandi >>Ranopali Dist. Faizabad >>Rapc Faizabad >>Retail Lending Hub(Faizabad) >>Sahebganj

MICR code for PNB Faizabad Chowk

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 Faizabad Chowk 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 Faizabad Chowk branch. MICR code for Faizabad Chowk 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 Faizabad Chowk is presented in the table alongside.

Use of Punjab National Bank MICR code for Faizabad Chowk branch in faizabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Faizabad Chowk 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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