PNB Sangrur Malerkotla Punjab MICR CODE

Find MICR Codes for PNB Sangrur Malerkotla Punjab

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Malerkotlajarg Chowk
Contact 1675-261170
Bank Details Punjab National Bank Malerkotlajarg Chowk PUNB0015410
Location Sangrur, Malerkotla
City Sangrur
District Malerkotla
State Punjab
Pincode 148023
Country IN
Address Jarg chowk malerkotla 148023
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 148024105 for Malerkotlajarg Chowk 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 148024105 of Punjab National Bank , Malerkotlajarg Chowk branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Malerkotlajarg Chowk branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Punjab National Bank are available with micr code -

>>Malerkotla Delhi Gate >>Malerkotlajarg Chowk

MICR code for PNB Malerkotlajarg Chowk

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 Malerkotlajarg Chowk 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. 148024105 is the MICR code of PNB Bank for Malerkotlajarg Chowk branch. MICR code for Malerkotlajarg Chowk 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 Malerkotlajarg Chowk is presented in the table alongside.

Use of Punjab National Bank MICR code for Malerkotlajarg Chowk branch in sangrur

The MICR code 148024105 is used in RBI cheque clearing process to identify the branch Malerkotlajarg Chowk 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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