PNB Kapurthala Phagwara Punjab MICR CODE

Find MICR Codes for PNB Kapurthala Phagwara Punjab

↻ Reload
MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Phagwara Guru Hargobind Nagar
Contact 1824-261987
Bank Details Punjab National Bank Phagwara Guru Hargobind Nagar PUNB0072010
Location Kapurthala, Phagwara
City Kapurthala
District Phagwara
State Punjab
Pincode 144401
Country IN
Address Guru hargobind nagar 144401
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 144024214 for Phagwara Guru Hargobind Nagar 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 144024214 of Punjab National Bank , Phagwara Guru Hargobind Nagar branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Phagwara Guru Hargobind Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Punjab National Bank are available with micr code -

>>Phagwara Gt Road Jalandhar >>Phagwara Guru Hargobind Nagar >>Phagwara Hoshiarpur Road

MICR code for PNB Phagwara Guru Hargobind Nagar

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 Guru Hargobind Nagar 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. 144024214 is the MICR code of PNB Bank for Phagwara Guru Hargobind Nagar branch. MICR code for Phagwara Guru Hargobind Nagar 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 Guru Hargobind Nagar is presented in the table alongside.

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

The MICR code 144024214 is used in RBI cheque clearing process to identify the branch Phagwara Guru Hargobind Nagar 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.

Copied!