PNB Shyampur Haridwar Uttrakhand MICR CODE

Find MICR Codes for PNB Shyampur Haridwar Uttrakhand

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shyampur
Contact Raj Kumar Chadha 01334-211318
Bank Details Punjab National Bank Shyampur PUNB0301800
Location Shyampur, Haridwar
City Shyampur
District Haridwar
State Uttrakhand
Pincode 249408
Country IN
Address Shyampur, hardwar uttranchal 249408
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 Shyampur 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 , Shyampur branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Shyampur 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 -

>>Shyampur

MICR code for PNB Shyampur

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

Use of Punjab National Bank MICR code for Shyampur branch in shyampur

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