PNB Namakkal Namakkal Tamil Nadu MICR CODE

Find MICR Codes for PNB Namakkal Namakkal Tamil Nadu

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Salem Main
Contact 0427-2448449,2448450 Narasimhulu M
Bank Details Punjab National Bank Salem Main PUNB0041600
Location Namakkal, Namakkal
City Namakkal
District Namakkal
State Tamil Nadu
Pincode 636004
Country IN
Address 2070-b,sastha arcade advaith ashram road salem tamil nadu - 636004
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 636024002 for Salem Main 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 636024002 of Punjab National Bank , Salem Main branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Salem Main 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 -

>>Salem Main

MICR code for PNB Salem Main

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 Salem Main 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. 636024002 is the MICR code of PNB Bank for Salem Main branch. MICR code for Salem Main 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 Salem Main is presented in the table alongside.

Use of Punjab National Bank MICR code for Salem Main branch in namakkal

The MICR code 636024002 is used in RBI cheque clearing process to identify the branch Salem Main 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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