PNB Basti Basti Uttar Pradesh MICR CODE

Find MICR Codes for PNB Basti Basti Uttar Pradesh

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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	Munderwa
Contact	11-23718172
Bank Details	Punjab National Bank Munderwa PUNB0002430

Location	Basti, Basti
City	Basti
District	Basti
State	Uttar Pradesh
Pincode
Country	IN
Address	Munderwa bazar basti

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 Munderwa 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 , Munderwa branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Munderwa branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of Punjab National Bank are available with micr code -

>>Amora Khas >>Basti >>Basti >>Basti Gandhi Nagar >>Basti St Basils High School >>Circle Office Basti >>Circle Sastra Center Basti >>Currency Chest Gandhi Nagar Basti >>Dco Basti >>Kums Basti >>Munderwa >>Rudhauli Kalan

MICR code for PNB Munderwa

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

Use of Punjab National Bank MICR code for Munderwa branch in basti

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