PNB Hoshiarpur Hoshiarpur Punjab MICR CODE

Find MICR Codes for PNB Hoshiarpur Hoshiarpur Punjab

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nri Branch Banga Hoshiarpur
Contact 8146895569
Bank Details Punjab National Bank Nri Branch Banga Hoshiarpur PUNB0929400
Location Hoshiarpur, Hoshiarpur
City Hoshiarpur
District Hoshiarpur
State Punjab
Pincode 144505
Country IN
Address Pnb nri branch banga railway road pb bang 144505
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 0 for Nri Branch Banga Hoshiarpur 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 0 of Punjab National Bank , Nri Branch Banga Hoshiarpur branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Nri Branch Banga Hoshiarpur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for PNB Nri Branch Banga Hoshiarpur

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 Nri Branch Banga Hoshiarpur 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. 0 is the MICR code of PNB Bank for Nri Branch Banga Hoshiarpur branch. MICR code for Nri Branch Banga Hoshiarpur 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 Nri Branch Banga Hoshiarpur is presented in the table alongside.

Use of Punjab National Bank MICR code for Nri Branch Banga Hoshiarpur branch in hoshiarpur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Nri Branch Banga Hoshiarpur 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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