PNB Khamgaon Buldhana Maharashtra MICR CODE

Find MICR Codes for PNB Khamgaon Buldhana Maharashtra

↻ Reload
MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Khamgaon
Contact 07263-255093 J J Fadanvis
Bank Details Punjab National Bank Khamgaon PUNB0027700
Location Khamgaon, Buldhana
City Khamgaon
District Buldhana
State Maharashtra
Pincode 444303
Country IN
Address Akola bazar,khamgaon distt. Buldhana maharashtra 444303
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 Khamgaon 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 , Khamgaon branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Khamgaon 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 -

>>Khamgaon

MICR code for PNB Khamgaon

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

Use of Punjab National Bank MICR code for Khamgaon branch in khamgaon

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

Copied!