PNB Shahajanpur Alwar Rajasthan MICR CODE

Find MICR Codes for PNB Shahajanpur Alwar Rajasthan

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shahjahanpur
Contact 01494-235222 Sarvjeet Singh Makhija
Bank Details Punjab National Bank Shahjahanpur PUNB0356400
Location Shahajanpur, Alwar
City Shahajanpur
District Alwar
State Rajasthan
Pincode 301706
Country IN
Address Shahjahanpur, district alwar, rajasthan
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 Shahjahanpur 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 , Shahjahanpur branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Shahjahanpur 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 -

>>B0jonaicha Khurd ( Alwar ) >>Shahjahanpur

MICR code for PNB Shahjahanpur

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

Use of Punjab National Bank MICR code for Shahjahanpur branch in shahajanpur

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