PNB Nagaur Guda Bhagwan Das Rajasthan MICR CODE

Find MICR Codes for PNB Nagaur Guda Bhagwan Das Rajasthan

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Guda Bhagwandas
Contact 1582-250008
Bank Details Punjab National Bank Guda Bhagwandas PUNB0043510
Location Nagaur, Guda Bhagwan Das
City Nagaur
District Guda Bhagwan Das
State Rajasthan
Pincode 341001
Country IN
Address Vpoguda bhagwandas disttnagaur 341001
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 341024012 for Guda Bhagwandas 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 341024012 of Punjab National Bank , Guda Bhagwandas branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Guda Bhagwandas branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Punjab National Bank are available with micr code -

>>Guda Bhagwandas

MICR code for PNB Guda Bhagwandas

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 Guda Bhagwandas 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. 341024012 is the MICR code of PNB Bank for Guda Bhagwandas branch. MICR code for Guda Bhagwandas 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 Guda Bhagwandas is presented in the table alongside.

Use of Punjab National Bank MICR code for Guda Bhagwandas branch in nagaur

The MICR code 341024012 is used in RBI cheque clearing process to identify the branch Guda Bhagwandas 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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