PNB Sahibzada Ajit Singh Nagar Banur Punjab MICR CODE

Find MICR Codes for PNB Sahibzada Ajit Singh Nagar Banur Punjab

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Banurdistt Sas Nagar
Contact 1762-251133
Bank Details Punjab National Bank Banurdistt Sas Nagar PUNB0079110
Location Sahibzada Ajit Singh Nagar, Banur
City Sahibzada Ajit Singh Nagar
District Banur
State Punjab
Pincode 140601
Country IN
Address Gurudwara complex chandigarh-rajpura hwy 140601
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 140024060 for Banurdistt Sas Nagar 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 140024060 of Punjab National Bank , Banurdistt Sas Nagar branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Banurdistt Sas Nagar 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 -

>>Banurdistt Sas Nagar

MICR code for PNB Banurdistt Sas Nagar

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 Banurdistt Sas Nagar 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. 140024060 is the MICR code of PNB Bank for Banurdistt Sas Nagar branch. MICR code for Banurdistt Sas Nagar 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 Banurdistt Sas Nagar is presented in the table alongside.

Use of Punjab National Bank MICR code for Banurdistt Sas Nagar branch in sahibzada ajit singh nagar

The MICR code 140024060 is used in RBI cheque clearing process to identify the branch Banurdistt Sas Nagar 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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