PNB Jodhpur Jodhpur Rajasthan MICR CODE

Find MICR Codes for PNB Jodhpur Jodhpur Rajasthan

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jodhpur Chbc
Contact 0291-2753596 S N Sharma
Bank Details Punjab National Bank Jodhpur Chbc PUNB0226400
Location Jodhpur, Jodhpur
City Jodhpur
District Jodhpur
State Rajasthan
Pincode 342009
Country IN
Address Chopasani housing board colony ,distt. Jodhpur , rajasthan - 342009
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 342024005 for Jodhpur Chbc 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 342024005 of Punjab National Bank , Jodhpur Chbc branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Jodhpur Chbc branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for PNB Jodhpur Chbc

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 Jodhpur Chbc 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. 342024005 is the MICR code of PNB Bank for Jodhpur Chbc branch. MICR code for Jodhpur Chbc 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 Jodhpur Chbc is presented in the table alongside.

Use of Punjab National Bank MICR code for Jodhpur Chbc branch in jodhpur

The MICR code 342024005 is used in RBI cheque clearing process to identify the branch Jodhpur Chbc 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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