PNB Amritsar Amritsar Punjab MICR CODE

Find MICR Codes for PNB Amritsar Amritsar Punjab

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MICR Code	143024007
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	Batala Road Amritsar
Contact	01832-274071,274426 Shamsher Singh
Bank Details	Punjab National Bank Batala Road Amritsar PUNB0052000

Location	Amritsar, Amritsar
City	Amritsar
District	Amritsar
State	Punjab
Pincode	143001
Country	IN
Address	Batala road, amritsar, punjab 143001

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 143024007 for Batala Road Amritsar 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 143024007 of Punjab National Bank , Batala Road Amritsar branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Batala Road Amritsar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 76 branches of Punjab National Bank are available with micr code -

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MICR code for PNB Batala Road Amritsar

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 Batala Road Amritsar 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. 143024007 is the MICR code of PNB Bank for Batala Road Amritsar branch. MICR code for Batala Road Amritsar 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 Batala Road Amritsar is presented in the table alongside.

Use of Punjab National Bank MICR code for Batala Road Amritsar branch in amritsar

The MICR code 143024007 is used in RBI cheque clearing process to identify the branch Batala Road Amritsar 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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