PNB Raipur Raipur Chhattisgarh MICR CODE

Find MICR Codes for PNB Raipur Raipur Chhattisgarh

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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	Raipur Retail Asset Branch
Contact	9303111442
Bank Details	Punjab National Bank Raipur Retail Asset Branch PUNB0748400

Location	Raipur, Raipur
City	Raipur
District	Raipur
State	Chhattisgarh
Pincode	492001
Country	IN
Address	Shop no.1&2,chawla complex vanijaya bhawan devendra nagar raipur, chhattisgarh 492001

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

A total of 50 branches of Punjab National Bank are available with micr code -

>>Abhanpur >>Abhanpurraipur >>Boria Kalan >>Cac Raipur >>Central Processing Centre Bo >>Circle Sastra Raipur >>Civil Lines Raipur >>Clpc Raipur >>Dal Dal Seoni Raipur >>Devpuri >>Dumartarai Raipur >>Fi Back Office Raipur >>Gbv Raipur >>Katghora Raipur >>Kawardha >>Mcc Two Raipur >>New Secretariate Raipur >>Pddu Ayush University Raipur >>Phool Chowk Raipur >>Pnb Shyam Nagar Raipur >>Raipur >>Raipur Anupam Nagar >>Raipur Main >>Raipur Pachpedi Naka >>Raipur Region >>Raipur Retail Asset Branch >>Raipur Samta Colony >>Raipur Station Area >>Raipur Vivekanand Nagar >>Raipurcollectorate >>Raipurge Road >>Raipurjnmc >>Raipurpandri >>Raipurtatibandh >>Rajendra Nagar >>Rakhi Distt Raipur >>Rapc Raipur >>Saraipali Raipur >>Service Branch Raipur >>Shankar Nagar Raipur >>Siltara Raipur >>Station Road >>Station Road Currency Chest >>Sunder Nagar Raipur >>Tatyapara >>Telibandha Distt Raipur >>Tilai Raipur >>Zao Raipur >>Zonal Office Raipur >>Zonal Sastra Centre Raipur

MICR code for PNB Raipur Retail Asset Branch

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 Raipur Retail Asset Branch 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 Raipur Retail Asset Branch branch. MICR code for Raipur Retail Asset Branch 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 Raipur Retail Asset Branch is presented in the table alongside.

Use of Punjab National Bank MICR code for Raipur Retail Asset Branch branch in raipur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Raipur Retail Asset Branch 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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