PNB Surat Surat Gujarat MICR CODE

Find MICR Codes for PNB Surat Surat Gujarat

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ntpc Kawas
Contact 0261 2860050, Jayprakash J Bhatt
Bank Details Punjab National Bank Ntpc Kawas PUNB0394300
Location Surat, Surat
City Surat
District Surat
State Gujarat
Pincode 394516
Country IN
Address Ntpc complex, azira kawas, surat, gujarat 394516
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 395024009 for Ntpc Kawas 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 395024009 of Punjab National Bank , Ntpc Kawas branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Ntpc Kawas branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for PNB Ntpc Kawas

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 Ntpc Kawas 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. 395024009 is the MICR code of PNB Bank for Ntpc Kawas branch. MICR code for Ntpc Kawas 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 Ntpc Kawas is presented in the table alongside.

Use of Punjab National Bank MICR code for Ntpc Kawas branch in surat

The MICR code 395024009 is used in RBI cheque clearing process to identify the branch Ntpc Kawas 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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