PNB Hoshiarpur Chaggran Punjab MICR CODE

Find MICR Codes for PNB Hoshiarpur Chaggran Punjab

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chaggran
Contact 1882-274226
Bank Details Punjab National Bank Chaggran PUNB0025410
Location Hoshiarpur, Chaggran
City Hoshiarpur
District Chaggran
State Punjab
Pincode 146102
Country IN
Address Main rd vpo chaggran distt hoshiarpur 146102
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 146024046 for Chaggran 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 146024046 of Punjab National Bank , Chaggran branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Chaggran 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 -

>>Chaggran

MICR code for PNB Chaggran

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 Chaggran 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. 146024046 is the MICR code of PNB Bank for Chaggran branch. MICR code for Chaggran 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 Chaggran is presented in the table alongside.

Use of Punjab National Bank MICR code for Chaggran branch in hoshiarpur

The MICR code 146024046 is used in RBI cheque clearing process to identify the branch Chaggran 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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