PNB Pinjore Panchkula Haryana MICR CODE

Find MICR Codes for PNB Pinjore Panchkula Haryana

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MICR Code	160024034
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	Pinjore
Contact	01733-264109, 264161, 264162 Satish Goel
Bank Details	Punjab National Bank Pinjore PUNB0293900

Location	Pinjore, Panchkula
City	Pinjore
District	Panchkula
State	Haryana
Pincode	134102
Country	IN
Address	Hmt complex pinjore, chandigarh

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 160024034 for Pinjore 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 160024034 of Punjab National Bank , Pinjore branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Pinjore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Punjab National Bank are available with micr code -

>>Main Bazar Pinjore >>Pinjore

MICR code for PNB Pinjore

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 Pinjore 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. 160024034 is the MICR code of PNB Bank for Pinjore branch. MICR code for Pinjore 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 Pinjore is presented in the table alongside.

Use of Punjab National Bank MICR code for Pinjore branch in pinjore

The MICR code 160024034 is used in RBI cheque clearing process to identify the branch Pinjore 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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