PNB Patiala Samana Punjab MICR CODE

Find MICR Codes for PNB Patiala Samana Punjab

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Samana
Contact 1764-220494
Bank Details Punjab National Bank Samana PUNB0016110
Location Patiala, Samana
City Patiala
District Samana
State Punjab
Pincode 147101
Country IN
Address Main road, samana, samana-dist patiala 147101
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 147024205 for Samana 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 147024205 of Punjab National Bank , Samana branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Samana 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 -

>>Samana >>Samanatehsil Road

MICR code for PNB Samana

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 Samana 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. 147024205 is the MICR code of PNB Bank for Samana branch. MICR code for Samana 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 Samana is presented in the table alongside.

Use of Punjab National Bank MICR code for Samana branch in patiala

The MICR code 147024205 is used in RBI cheque clearing process to identify the branch Samana 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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