PNB Meerut Kaithwari Uttar Pradesh MICR CODE

Find MICR Codes for PNB Meerut Kaithwari Uttar Pradesh

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kaithwari Meerut
Contact 121-2418833
Bank Details Punjab National Bank Kaithwari Meerut PUNB0030310
Location Meerut, Kaithwari
City Meerut
District Kaithwari
State Uttar Pradesh
Pincode 250502
Country IN
Address Bajaj hindustan ltd vill kinoni po rasulpu 250502
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 Kaithwari Meerut 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 , Kaithwari Meerut branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Kaithwari Meerut 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 -

>>Kaithwari Meerut

MICR code for PNB Kaithwari Meerut

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 Kaithwari Meerut 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 Kaithwari Meerut branch. MICR code for Kaithwari Meerut 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 Kaithwari Meerut is presented in the table alongside.

Use of Punjab National Bank MICR code for Kaithwari Meerut branch in meerut

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kaithwari Meerut 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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