PNB Karaikal Karaikal Pondicherry MICR CODE

Find MICR Codes for PNB Karaikal Karaikal Pondicherry

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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	Karaikal
Contact	R Swaminathan 09443323421
Bank Details	Punjab National Bank Karaikal PUNB0664100

Location	Karaikal, Karaikal
City	Karaikal
District	Karaikal
State	Pondicherry
Pincode	609602
Country	IN
Address	Karaikal tamilnadu

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

>>Karaikal

MICR code for PNB Karaikal

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

Use of Punjab National Bank MICR code for Karaikal branch in karaikal

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