PNB Gurgaon Gurgaon Haryana MICR CODE

Find MICR Codes for PNB Gurgaon Gurgaon Haryana

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Fountain Chowk Gurgaon
Contact 0124-2321926,2335596, 2331730 Vinay Kapoor
Bank Details Punjab National Bank Fountain Chowk Gurgaon PUNB0018800
Location Gurgaon, Gurgaon
City Gurgaon
District Gurgaon
State Haryana
Pincode 122001
Country IN
Address Fountain chowk, gurgaon, haryana - 122001
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 110024182 for Fountain Chowk Gurgaon 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 110024182 of Punjab National Bank , Fountain Chowk Gurgaon branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Fountain Chowk Gurgaon branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for PNB Fountain Chowk Gurgaon

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 Fountain Chowk Gurgaon 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. 110024182 is the MICR code of PNB Bank for Fountain Chowk Gurgaon branch. MICR code for Fountain Chowk Gurgaon 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 Fountain Chowk Gurgaon is presented in the table alongside.

Use of Punjab National Bank MICR code for Fountain Chowk Gurgaon branch in gurgaon

The MICR code 110024182 is used in RBI cheque clearing process to identify the branch Fountain Chowk Gurgaon 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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