PNB Jhansi Jhansi Uttar Pradesh MICR CODE

Find MICR Codes for PNB Jhansi Jhansi Uttar Pradesh

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nagra Jhansi
Contact 0517-2310944 R C Verma
Bank Details Punjab National Bank Nagra Jhansi PUNB0388400
Location Jhansi, Jhansi
City Jhansi
District Jhansi
State Uttar Pradesh
Pincode 284001
Country IN
Address Nagra, babina, jhanshi, mp 284001
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 Nagra Jhansi 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 , Nagra Jhansi branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Nagra Jhansi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for PNB Nagra Jhansi

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 Nagra Jhansi 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 Nagra Jhansi branch. MICR code for Nagra Jhansi 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 Nagra Jhansi is presented in the table alongside.

Use of Punjab National Bank MICR code for Nagra Jhansi branch in jhansi

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