MICR Code Bank
Find MICR code for PNB Ranti branches in India for NEFT and RTGS transfer

PNB Ranti MICR CODE

Find MICR Codes for PNB Ranti

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  1. Punjab National Bank »
  2. Bihar »
  3. madhubani »
  4. rajnagar »
  5. ranti (distt madhubani)

Find MICR Codes for PNB Ranti

MICR Code: -NA-
Bank: Punjab National Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Ranti (Distt Madhubani)
Contact: 9955994122
Bank Details: Punjab National Bank Ranti (Distt Madhubani) PUNB0751300
Location: Rajnagar, Madhubani
City: Rajnagar
District: Madhubani
State: Bihar
Pincode: 847211
Country: IN
Address: Mohan sheela complex, ranti chowk rajnagar road, distt-madhubani bihar 847211

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

A total of 2 branches of Punjab National Bank are available with micr code

>>Raj Nagar >>Ranti (Distt Madhubani)

MICR code for PNB ranti

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

Use of Punjab National Bank MICR code for ranti branch in rajnagar

The MICR code is used in RBI cheque clearing process to identify the branch ranti 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.