PNB Palwal Palwal Haryana MICR CODE

Find MICR Codes for PNB Palwal Palwal Haryana

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MICR Code	121024455
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	Palwal
Contact	1275-252329
Bank Details	Punjab National Bank Palwal PUNB0067310

Location	Palwal, Palwal
City	Palwal
District	Palwal
State	Haryana
Pincode	121002
Country	IN
Address	Near minar gate kithwari road 121002

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 121024455 for Palwal 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 121024455 of Punjab National Bank , Palwal branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Palwal branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Punjab National Bank are available with micr code -

>>Aurangabadpalwal >>Bahrola Distpalwal >>Hassanpur >>Palwal >>Prithla

MICR code for PNB Palwal

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 Palwal 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. 121024455 is the MICR code of PNB Bank for Palwal branch. MICR code for Palwal 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 Palwal is presented in the table alongside.

Use of Punjab National Bank MICR code for Palwal branch in palwal

The MICR code 121024455 is used in RBI cheque clearing process to identify the branch Palwal 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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