PNB Bhopal Bhopal Madhya Pradesh MICR CODE

Find MICR Codes for PNB Bhopal Bhopal Madhya Pradesh

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MICR Code	462024005
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	Habibganj
Contact	0755-2552504 G.K.Sharma
Bank Details	Punjab National Bank Habibganj PUNB0130500

Location	Bhopal, Bhopal
City	Bhopal
District	Bhopal
State	Madhya Pradesh
Pincode	462011
Country	IN
Address	Habibganj, bhopal, mp 462011

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 462024005 for Habibganj 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 462024005 of Punjab National Bank , Habibganj branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Habibganj branch, makes the characters readable even if there are other marks and stamps on it.

A total of 58 branches of Punjab National Bank are available with micr code -

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MICR code for PNB Habibganj

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 Habibganj 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. 462024005 is the MICR code of PNB Bank for Habibganj branch. MICR code for Habibganj 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 Habibganj is presented in the table alongside.

Use of Punjab National Bank MICR code for Habibganj branch in bhopal

The MICR code 462024005 is used in RBI cheque clearing process to identify the branch Habibganj 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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