PNB Alwar Alwar Rajasthan MICR CODE

Find MICR Codes for PNB Alwar Alwar Rajasthan

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MICR Code	301024016
Bank	Punjab National Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Alwaruit
Contact	144-2331015
Bank Details	Punjab National Bank Alwaruit PUNB0073710

Location	Alwar, Alwar
City	Alwar
District	Alwar
State	Rajasthan
Pincode	301001
Country	IN
Address	Uit campus, bhagat singh circle, 301001

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 301024016 for Alwaruit 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 301024016 of Punjab National Bank , Alwaruit branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Alwaruit branch, makes the characters readable even if there are other marks and stamps on it.

A total of 25 branches of Punjab National Bank are available with micr code -

>>Alwar >>Alwar Iet College Mia >>Alwar M.I.A >>Alwar Shivaji Park >>Alwartej Mandi >>Alwaruit >>Basant Vihar Alwar >>Cac Alwar >>Chopanki >>Choupanki Alwar >>Circle Sastra Center Alwar >>Clpc Alwar >>Coalwaradmin >>Currency Chest Manu Marg Alwar >>Dataramgarh Alwar >>Delhi Road Alwar >>Diwakari (Alwar) >>Giglana Alwar >>Googal Kota >>Ismalpur (Rajasthan) >>Kishangarh Basalwar >>Manu Marg >>Neft Nodal Branch Rgb Rrb >>Rajgarh Dist Alwar >>Thara Distt Alwar

MICR code for PNB Alwaruit

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 Alwaruit 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. 301024016 is the MICR code of PNB Bank for Alwaruit branch. MICR code for Alwaruit 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 Alwaruit is presented in the table alongside.

Use of Punjab National Bank MICR code for Alwaruit branch in alwar

The MICR code 301024016 is used in RBI cheque clearing process to identify the branch Alwaruit 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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