PNB Kapurthala Kapurthala Punjab MICR CODE

Find MICR Codes for PNB Kapurthala Kapurthala Punjab

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MICR Code	144024220
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	Phagwara
Contact	0
Bank Details	Punjab National Bank Phagwara PUNB0057120

Location	Kapurthala, Kapurthala
City	Kapurthala
District	Kapurthala
State	Punjab
Pincode
Country	IN
Address	G t road, phagwara, kapurthala, punjab

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 144024220 for Phagwara 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 144024220 of Punjab National Bank , Phagwara branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Phagwara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 23 branches of Punjab National Bank are available with micr code -

>>Bholath >>Chachokidistt Kaputhala >>Circle Sastra Center Kapurthala >>Coaec Kapurthala >>Dudwandi >>Hussainpur Punjab >>Kala Sanghian >>Kapurthala >>Kapurthala Back Office >>Kapurthala Cantonment Area >>Kapurthala Jat Road Currency Chest >>Kapurthala Main >>Kapurthala Shalimar Bagh Rd >>Kapurthala Sultanpur Road >>Maheru Distt Kapurthala >>Mcc Kapurthala >>Neft Nodal Branch Pgb Rrb >>Phagwara >>Rmo Kapurthala Admin >>Rseti >>Subhanpur Distt. Kapurthala >>Sultanpur Lodhi >>Tibba Disttkapurthala

MICR code for PNB Phagwara

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 Phagwara 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. 144024220 is the MICR code of PNB Bank for Phagwara branch. MICR code for Phagwara 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 Phagwara is presented in the table alongside.

Use of Punjab National Bank MICR code for Phagwara branch in kapurthala

The MICR code 144024220 is used in RBI cheque clearing process to identify the branch Phagwara 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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