PNB Tonk Jaipurrajasthan Rajasthan MICR CODE

Find MICR Codes for PNB Tonk Jaipurrajasthan Rajasthan

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MICR Code	304024007
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	Malpura
Contact	0
Bank Details	Punjab National Bank Malpura PUNB0194120

Location	Tonk, Jaipurrajasthan
City	Tonk
District	Jaipurrajasthan
State	Rajasthan
Pincode
Country	IN
Address	Malpura,

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 304024007 for Malpura 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 304024007 of Punjab National Bank , Malpura branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Malpura 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 -

>>Malpura >>Tonk Road

MICR code for PNB Malpura

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 Malpura 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. 304024007 is the MICR code of PNB Bank for Malpura branch. MICR code for Malpura 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 Malpura is presented in the table alongside.

Use of Punjab National Bank MICR code for Malpura branch in tonk

The MICR code 304024007 is used in RBI cheque clearing process to identify the branch Malpura 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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