PNB Kapurthala Kapurthala Punjab MICR CODE

Find MICR Codes for PNB Kapurthala Kapurthala Punjab

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chachokidistt Kaputhala
Contact 0
Bank Details Punjab National Bank Chachokidistt Kaputhala PUNB0186710
Location Kapurthala, Kapurthala
City Kapurthala
District Kapurthala
State Punjab
Pincode 144632
Country IN
Address Village chachoki distt kapurthala 144632
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 144024219 for Chachokidistt Kaputhala 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 144024219 of Punjab National Bank , Chachokidistt Kaputhala branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Chachokidistt Kaputhala branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for PNB Chachokidistt Kaputhala

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 Chachokidistt Kaputhala 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. 144024219 is the MICR code of PNB Bank for Chachokidistt Kaputhala branch. MICR code for Chachokidistt Kaputhala 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 Chachokidistt Kaputhala is presented in the table alongside.

Use of Punjab National Bank MICR code for Chachokidistt Kaputhala branch in kapurthala

The MICR code 144024219 is used in RBI cheque clearing process to identify the branch Chachokidistt Kaputhala 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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