PNB Panchkula Panchkula Haryana MICR CODE

Find MICR Codes for PNB Panchkula Panchkula Haryana

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MICR Code	160024115
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	Panchkulasector Eleven
Contact	172-2561557
Bank Details	Punjab National Bank Panchkulasector Eleven PUNB0053210

Location	Panchkula, Panchkula
City	Panchkula
District	Panchkula
State	Haryana
Pincode	134112
Country	IN
Address	Sco no 30 sector 11 134112

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 160024115 for Panchkulasector Eleven 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 160024115 of Punjab National Bank , Panchkulasector Eleven branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Panchkulasector Eleven branch, makes the characters readable even if there are other marks and stamps on it.

A total of 21 branches of Punjab National Bank are available with micr code -

>>Amrawati Enclave Panchkula >>Arm Panchkula >>Cppcstate >>Kheranwali Dist Panchkula >>Panchkula >>Panchkula Dc Office >>Panchkula Sector >>Panchkula Sector 19 >>Panchkula Sector 20 >>Panchkula Sector Eight >>Panchkulahansraj Public School >>Panchkulasector Eleven >>Rapc Panchkula >>Retail Asset Branch Panchkula >>Rsc Panchkula Sector 6 >>Sector 12A Panchkula >>Sector 25 Panchkula >>Sector 4 Panchkula >>Sector 5 Panchkula >>Sector 8 Panchkula >>Sector Fifteen Panchkula

MICR code for PNB Panchkulasector Eleven

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 Panchkulasector Eleven 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. 160024115 is the MICR code of PNB Bank for Panchkulasector Eleven branch. MICR code for Panchkulasector Eleven 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 Panchkulasector Eleven is presented in the table alongside.

Use of Punjab National Bank MICR code for Panchkulasector Eleven branch in panchkula

The MICR code 160024115 is used in RBI cheque clearing process to identify the branch Panchkulasector Eleven 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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