PNB Kandra Saraikela Jharkhand MICR CODE

Find MICR Codes for PNB Kandra Saraikela Jharkhand

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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	Kandra
Contact	Hari Lal Daya 06597-255336
Bank Details	Punjab National Bank Kandra PUNB0080000

Location	Kandra, Saraikela
City	Kandra
District	Saraikela
State	Jharkhand
Pincode	832402
Country	IN
Address	Po kandra dist saraikela, jharkhand 832402

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 Kandra 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 , Kandra branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Kandra 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 -

>>Kandra

MICR code for PNB Kandra

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 Kandra 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 Kandra branch. MICR code for Kandra 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 Kandra is presented in the table alongside.

Use of Punjab National Bank MICR code for Kandra branch in kandra

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