PNB Sahebganj Sahibgunj Jharkhand MICR CODE

Find MICR Codes for PNB Sahebganj Sahibgunj Jharkhand

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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	Sahibganj
Contact	0
Bank Details	Punjab National Bank Sahibganj PUNB0168020

Location	Sahebganj, Sahibgunj
City	Sahebganj
District	Sahibgunj
State	Jharkhand
Pincode
Country	IN
Address	Guha market,college rd,p.o sahibganj

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 Sahibganj 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 , Sahibganj branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Sahibganj 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 -

>>Sahibganj

MICR code for PNB Sahibganj

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 Sahibganj 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 Sahibganj branch. MICR code for Sahibganj 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 Sahibganj is presented in the table alongside.

Use of Punjab National Bank MICR code for Sahibganj branch in sahebganj

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sahibganj 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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