PNB Sas Nagar(Mohali) Rupnagar Punjab MICR CODE

Find MICR Codes for PNB Sas Nagar(Mohali) Rupnagar Punjab

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MICR Code	160024014
Bank	Punjab National Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mohali Phase 7 (Distropar)
Contact	0172-225004,264524 S S Passi
Bank Details	Punjab National Bank Mohali Phase 7 (Distropar) PUNB0352900

Location	Sas Nagar(Mohali), Rupnagar
City	Sas Nagar(Mohali)
District	Rupnagar
State	Punjab
Pincode	160062
Country	IN
Address	Phase - vii, mohali , punjab - 160062

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 160024014 for Mohali Phase 7 (Distropar) 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 160024014 of Punjab National Bank , Mohali Phase 7 (Distropar) branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Mohali Phase 7 (Distropar) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Punjab National Bank are available with micr code -

>>Chilla >>Dappar (Patiala) >>Mohali Phase 7 (Distropar) >>Mohali Phase I >>Mohali Sector 11 >>Mohali Sector 71 >>Mohali Sector 91 >>Municipal Bhawn Sec 68 Sas Ngr

MICR code for PNB Mohali Phase 7 (Distropar)

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 Mohali Phase 7 (Distropar) 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. 160024014 is the MICR code of PNB Bank for Mohali Phase 7 (Distropar) branch. MICR code for Mohali Phase 7 (Distropar) 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 Mohali Phase 7 (Distropar) is presented in the table alongside.

Use of Punjab National Bank MICR code for Mohali Phase 7 (Distropar) branch in sas nagar(mohali)

The MICR code 160024014 is used in RBI cheque clearing process to identify the branch Mohali Phase 7 (Distropar) 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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