PNB Sarai Vaishali Bihar MICR CODE

Find MICR Codes for PNB Sarai Vaishali Bihar

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Malahi Akbar Sarai Vaishali
Contact
Bank Details Punjab National Bank Malahi Akbar Sarai Vaishali PUNB0730200
Location Sarai, Vaishali
City Sarai
District Vaishali
State Bihar
Pincode 844125
Country IN
Address U.s. Complex, main road sarai sarai, vaishali, bihar 844125
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 Malahi Akbar Sarai Vaishali 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 , Malahi Akbar Sarai Vaishali branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Malahi Akbar Sarai Vaishali 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 -

>>Malahi Akbar Sarai Vaishali

MICR code for PNB Malahi Akbar Sarai Vaishali

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 Malahi Akbar Sarai Vaishali 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 Malahi Akbar Sarai Vaishali branch. MICR code for Malahi Akbar Sarai Vaishali 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 Malahi Akbar Sarai Vaishali is presented in the table alongside.

Use of Punjab National Bank MICR code for Malahi Akbar Sarai Vaishali branch in sarai

The MICR code 0 is used in RBI cheque clearing process to identify the branch Malahi Akbar Sarai Vaishali 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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