PNB Ramnagar Nainital Uttrakhand MICR CODE

Find MICR Codes for PNB Ramnagar Nainital Uttrakhand

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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	Kaniya (Distt Nainital)
Contact
Bank Details	Punjab National Bank Kaniya (Distt Nainital) PUNB0778300

Location	Ramnagar, Nainital
City	Ramnagar
District	Nainital
State	Uttrakhand
Pincode	244715
Country	IN
Address	Village kaniya, po ramnagar distt nainital uttranchal 244715

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

A total of 2 branches of Punjab National Bank are available with micr code -

>>Kaniya (Distt Nainital) >>Ramnagar

MICR code for PNB Kaniya (Distt Nainital)

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 Kaniya (Distt Nainital) 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 Kaniya (Distt Nainital) branch. MICR code for Kaniya (Distt Nainital) 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 Kaniya (Distt Nainital) is presented in the table alongside.

Use of Punjab National Bank MICR code for Kaniya (Distt Nainital) branch in ramnagar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kaniya (Distt Nainital) 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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