MICR Code Bank
Find MICR code for PNB Currency Chest Malerkotla branches in India for NEFT and RTGS transfer

PNB Currency Chest Malerkotla MICR CODE

Find MICR Codes for PNB Currency Chest Malerkotla

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  1. Punjab National Bank »
  2. Punjab »
  3. sangrur »
  4. malerkotla »
  5. currency chest malerkotla (punjab)

Find MICR Codes for PNB Currency Chest Malerkotla

MICR Code: -NA-
Bank: Punjab National Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Currency Chest Malerkotla (Punjab)
Contact:
Bank Details: Punjab National Bank Currency Chest Malerkotla (Punjab) PUNB0713100
Location: Malerkotla, Sangrur
City: Malerkotla
District: Sangrur
State: Punjab
Pincode: 148023
Country: IN
Address: Malerkotla club chowk sangrur patiala punjab 148023

How does MICR code for currency chest malerkotla 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 of Punjab National Bank , currency chest malerkotla branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for currency chest malerkotla branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Punjab National Bank are available with micr code

>>Currency Chest Malerkotla (Punjab) >>Malerkotla >>Sadar Bazar Malerkotla

MICR code for PNB currency chest malerkotla

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 currency chest malerkotla 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. is the MICR code of PNB Bank for currency chest malerkotla branch. MICR code for currency chest malerkotla 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 currency chest malerkotla is presented in the table alongside.

Use of Punjab National Bank MICR code for currency chest malerkotla branch in malerkotla

The MICR code is used in RBI cheque clearing process to identify the branch currency chest malerkotla 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.