PNB Nagpur Nagpur Maharashtra MICR CODE

Find MICR Codes for PNB Nagpur Nagpur Maharashtra

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gandhi Bagh
Contact 0712-2727303,2724484 V.B.Kohad
Bank Details Punjab National Bank Gandhi Bagh PUNB0035300
Location Nagpur, Nagpur
City Nagpur
District Nagpur
State Maharashtra
Pincode 440006
Country IN
Address Vidya bhawan, bca road, nagpur, maharashtra- 440006
MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kingsway
Contact 0712-2525649,2559829 Ar Rehpade
Bank Details Punjab National Bank Kingsway PUNB0035400
Location Nagpur, Nagpur
City Nagpur
District Nagpur
State Maharashtra
Pincode 440001
Country IN
Address Kingsway, pnb house, nagpur, maharashtra
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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 to find MICR codes for PNB in nagpur?

PNB nagpur MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Punjab National Bank MICR codes list for nagpur, one can further search by branch name specified in the table. You can find MICR codes for all PNB nagpur branches.

Punjab National Bank MICR code in nagpur

PNB MICR code is a character recognition technology used by banks in the processing of cheques. Punjab National Bank MICR code for nagpur branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for PNB Bank branches in nagpur, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does PNB Bank MICR code for nagpur branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a PNB nagpur branch, sprinted 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. Thus MICR code for Punjab National Bank nagpur branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of PNB Bank MICR codes for nagpur branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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