PNB Kantabanji Balangir Orissa MICR CODE

Find MICR Codes for PNB Kantabanji Balangir Orissa

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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	Kantabanji (Odisha)
Contact
Bank Details	Punjab National Bank Kantabanji (Odisha) PUNB0741400

Location	Kantabanji, Balangir
City	Kantabanji
District	Balangir
State	Orissa
Pincode	767039
Country	IN
Address	Kantabanji, bolangir road, near andhra bank, dist:bolangir orissa 767039

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

>>Kantabanji (Odisha)

MICR code for PNB Kantabanji (Odisha)

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 Kantabanji (Odisha) 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 Kantabanji (Odisha) branch. MICR code for Kantabanji (Odisha) 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 Kantabanji (Odisha) is presented in the table alongside.

Use of Punjab National Bank MICR code for Kantabanji (Odisha) branch in kantabanji

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kantabanji (Odisha) 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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