PNB Jalandhar Jalandhar Punjab MICR CODE

Find MICR Codes for PNB Jalandhar Jalandhar Punjab

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ibb Jalandhar
Contact 0181-2221171,4021 P K Gupta
Bank Details Punjab National Bank Ibb Jalandhar PUNB0299900
Location Jalandhar, Jalandhar
City Jalandhar
District Jalandhar
State Punjab
Pincode 144001
Country IN
Address Ibb, jalandhar, punjab
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 144024013 for Ibb Jalandhar 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 144024013 of Punjab National Bank , Ibb Jalandhar branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Ibb Jalandhar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 71 branches of Punjab National Bank are available with micr code -

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MICR code for PNB Ibb Jalandhar

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 Ibb Jalandhar 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. 144024013 is the MICR code of PNB Bank for Ibb Jalandhar branch. MICR code for Ibb Jalandhar 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 Ibb Jalandhar is presented in the table alongside.

Use of Punjab National Bank MICR code for Ibb Jalandhar branch in jalandhar

The MICR code 144024013 is used in RBI cheque clearing process to identify the branch Ibb Jalandhar 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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