PNB Obedullaganj Raisen Madhya Pradesh MICR CODE

Find MICR Codes for PNB Obedullaganj Raisen Madhya 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	Obedullahganj (Bhopal)
Contact
Bank Details	Punjab National Bank Obedullahganj (Bhopal) PUNB0742000

Location	Obedullaganj, Raisen
City	Obedullaganj
District	Raisen
State	Madhya Pradesh
Pincode	464993
Country	IN
Address	Near bank of india hoshangabad road obedullahganj dist raisen madhya pradesh 464993

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

A total of 1 branches of Punjab National Bank are available with micr code -

>>Obedullahganj (Bhopal)

MICR code for PNB Obedullahganj (Bhopal)

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 Obedullahganj (Bhopal) 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 Obedullahganj (Bhopal) branch. MICR code for Obedullahganj (Bhopal) 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 Obedullahganj (Bhopal) is presented in the table alongside.

Use of Punjab National Bank MICR code for Obedullahganj (Bhopal) branch in obedullaganj

The MICR code 0 is used in RBI cheque clearing process to identify the branch Obedullahganj (Bhopal) 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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