PNB Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for PNB Chennai Chennai Tamil Nadu

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MICR Code	600024023
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	Periamet
Contact	044-25385254,2538524, S Sridhar
Bank Details	Punjab National Bank Periamet PUNB0361300

Location	Chennai, Chennai
City	Chennai
District	Chennai
State	Tamil Nadu
Pincode	600003
Country	IN
Address	Door no. 7, narayan street, periamet,chennai, tamil nadu- 600003

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 600024023 for Periamet 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 600024023 of Punjab National Bank , Periamet branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Periamet branch, makes the characters readable even if there are other marks and stamps on it.

A total of 94 branches of Punjab National Bank are available with micr code -

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MICR code for PNB Periamet

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 Periamet 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. 600024023 is the MICR code of PNB Bank for Periamet branch. MICR code for Periamet 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 Periamet is presented in the table alongside.

Use of Punjab National Bank MICR code for Periamet branch in chennai

The MICR code 600024023 is used in RBI cheque clearing process to identify the branch Periamet 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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