PNB Sahibabad Ghaziabad Uttar Pradesh MICR CODE

Find MICR Codes for PNB Sahibabad Ghaziabad Uttar Pradesh

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rajinder Nagar
Contact 0120-2630158 Purshotam
Bank Details Punjab National Bank Rajinder Nagar PUNB0455900
Location Sahibabad, Ghaziabad
City Sahibabad
District Ghaziabad
State Uttar Pradesh
Pincode 201005
Country IN
Address Rajinder nagar, sahibabad, ghaziabad up
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 110024170 for Rajinder 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 110024170 of Punjab National Bank , Rajinder Nagar branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Rajinder Nagar 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 -

>>Rajinder Nagar >>Shalimar Garden

MICR code for PNB Rajinder 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 Rajinder 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. 110024170 is the MICR code of PNB Bank for Rajinder Nagar branch. MICR code for Rajinder 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 Rajinder Nagar is presented in the table alongside.

Use of Punjab National Bank MICR code for Rajinder Nagar branch in sahibabad

The MICR code 110024170 is used in RBI cheque clearing process to identify the branch Rajinder 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.

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