PNB Shimla Shimla Himachal Pradesh MICR CODE

Find MICR Codes for PNB Shimla Shimla Himachal Pradesh

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MICR Code	171024050
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	New Shimla
Contact	177-2670803
Bank Details	Punjab National Bank New Shimla PUNB0129710

Location	Shimla, Shimla
City	Shimla
District	Shimla
State	Himachal Pradesh
Pincode	171009
Country	IN
Address	Shanti complex,below atithi sweets,phase-1 171009

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 171024050 for New Shimla 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 171024050 of Punjab National Bank , New Shimla branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for New Shimla branch, makes the characters readable even if there are other marks and stamps on it.

A total of 11 branches of Punjab National Bank are available with micr code -

>>Cac Shimla >>Circle Sastra Centre Shimla >>Clpc Shimla >>Dco Shimla >>Gbv Shimla >>New Shimla >>Rampur Bushahr Distshimla >>Shimla >>Shimla Zonal Office >>Zonal Sastra Centre Shimla >>Zrmc Shimla

MICR code for PNB New Shimla

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 New Shimla 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. 171024050 is the MICR code of PNB Bank for New Shimla branch. MICR code for New Shimla 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 New Shimla is presented in the table alongside.

Use of Punjab National Bank MICR code for New Shimla branch in shimla

The MICR code 171024050 is used in RBI cheque clearing process to identify the branch New Shimla 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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