Let Others Know

PNB Jaitpur Aurangabad Bihar MICR CODE

Find MICR Codes for PNB Jaitpur Aurangabad Bihar

Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jaitpur
Contact Girish Chandra Jha 9431828875
Bank Details Punjab National Bank Jaitpur PUNB0239500
Location Jaitpur, Aurangabad
City Jaitpur
District Aurangabad
State Bihar
Pincode 824120
Country IN
Address Pachrukhiya, block haspura, distt. Aurangabad, bihar 824120
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 Jaitpur 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 , Jaitpur branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Jaitpur 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 -


MICR code for PNB Jaitpur

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

Use of Punjab National Bank MICR code for Jaitpur branch in jaitpur

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