PNB Jalandhar Jalandhar Punjab MICR CODE

Find MICR Codes for PNB Jalandhar Jalandhar Punjab

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Basti Nau Jalandar
Contact 0181-2252144,2251109 R.C.Kaul
Bank Details Punjab National Bank Basti Nau Jalandar PUNB0070300
Location Jalandhar, Jalandhar
City Jalandhar
District Jalandhar
State Punjab
Pincode 144001
Country IN
Address Basti nau, jalandhar , punjab - 144001
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 144024004 for Basti Nau Jalandar 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 144024004 of Punjab National Bank , Basti Nau Jalandar branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Basti Nau Jalandar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 71 branches of Punjab National Bank are available with micr code -

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MICR code for PNB Basti Nau Jalandar

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 Basti Nau Jalandar 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. 144024004 is the MICR code of PNB Bank for Basti Nau Jalandar branch. MICR code for Basti Nau Jalandar 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 Basti Nau Jalandar is presented in the table alongside.

Use of Punjab National Bank MICR code for Basti Nau Jalandar branch in jalandhar

The MICR code 144024004 is used in RBI cheque clearing process to identify the branch Basti Nau Jalandar 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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