PNB Gurdaspur Gurdaspur Punjab MICR CODE

Find MICR Codes for PNB Gurdaspur Gurdaspur Punjab

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gt Road Gurdaspur
Contact 1874-240234
Bank Details Punjab National Bank Gt Road Gurdaspur PUNB0160010
Location Gurdaspur, Gurdaspur
City Gurdaspur
District Gurdaspur
State Punjab
Pincode 143521
Country IN
Address Gt road gurdaspur dsitt gurdaspur 143521
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 143024215 for Gt Road Gurdaspur 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 143024215 of Punjab National Bank , Gt Road Gurdaspur branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Gt Road Gurdaspur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for PNB Gt Road Gurdaspur

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 Gt Road Gurdaspur 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. 143024215 is the MICR code of PNB Bank for Gt Road Gurdaspur branch. MICR code for Gt Road Gurdaspur 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 Gt Road Gurdaspur is presented in the table alongside.

Use of Punjab National Bank MICR code for Gt Road Gurdaspur branch in gurdaspur

The MICR code 143024215 is used in RBI cheque clearing process to identify the branch Gt Road Gurdaspur 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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