PNB Bawana New Delhi New Delhi MICR CODE

Find MICR Codes for PNB Bawana New Delhi New Delhi

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Msme Bawana Delhi
Contact R C Ojha 9810538827
Bank Details Punjab National Bank Msme Bawana Delhi PUNB0495800
Location Bawana, New Delhi
City Bawana
District New Delhi
State New Delhi
Pincode 110039
Country IN
Address Arihant square shopping complex. Sector-4 cluster-1 dsidc, bawana, indl. Area delhi
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 110024477 for Msme Bawana Delhi 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 110024477 of Punjab National Bank , Msme Bawana Delhi branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Msme Bawana Delhi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Punjab National Bank are available with micr code -

>>Msme Bawana Delhi

MICR code for PNB Msme Bawana Delhi

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 Msme Bawana Delhi 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. 110024477 is the MICR code of PNB Bank for Msme Bawana Delhi branch. MICR code for Msme Bawana Delhi 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 Msme Bawana Delhi is presented in the table alongside.

Use of Punjab National Bank MICR code for Msme Bawana Delhi branch in bawana

The MICR code 110024477 is used in RBI cheque clearing process to identify the branch Msme Bawana Delhi 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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