PNB Faridabad Faridabad Haryana MICR CODE

Find MICR Codes for PNB Faridabad Faridabad Haryana

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sec21c Faridabad
Contact V R Kastoria 9868924079, 2437003
Bank Details Punjab National Bank Sec21c Faridabad PUNB0458500
Location Faridabad, Faridabad
City Faridabad
District Faridabad
State Haryana
Pincode 121001
Country IN
Address Sco no 136, lg floor, sec 21 c faridabad haryana
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 110024424 for Sec21c Faridabad 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 110024424 of Punjab National Bank , Sec21c Faridabad branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Sec21c Faridabad branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for PNB Sec21c Faridabad

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 Sec21c Faridabad 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. 110024424 is the MICR code of PNB Bank for Sec21c Faridabad branch. MICR code for Sec21c Faridabad 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 Sec21c Faridabad is presented in the table alongside.

Use of Punjab National Bank MICR code for Sec21c Faridabad branch in faridabad

The MICR code 110024424 is used in RBI cheque clearing process to identify the branch Sec21c Faridabad 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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