PNB Moga Ajitwalmoga Punjab MICR CODE

Find MICR Codes for PNB Moga Ajitwalmoga Punjab

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ajitwal Distmoga
Contact 1636-263196
Bank Details Punjab National Bank Ajitwal Distmoga PUNB0157310
Location Moga, Ajitwalmoga
City Moga
District Ajitwalmoga
State Punjab
Pincode 142053
Country IN
Address Railway road vpo ajitwal distmoga 142053
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 142024026 for Ajitwal Distmoga 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 142024026 of Punjab National Bank , Ajitwal Distmoga branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Ajitwal Distmoga 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 -

>>Ajitwal Distmoga

MICR code for PNB Ajitwal Distmoga

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 Ajitwal Distmoga 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. 142024026 is the MICR code of PNB Bank for Ajitwal Distmoga branch. MICR code for Ajitwal Distmoga 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 Ajitwal Distmoga is presented in the table alongside.

Use of Punjab National Bank MICR code for Ajitwal Distmoga branch in moga

The MICR code 142024026 is used in RBI cheque clearing process to identify the branch Ajitwal Distmoga 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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