PNB Ghaziabad Ghaziabad Uttar Pradesh MICR CODE

Find MICR Codes for PNB Ghaziabad 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 Shastri Nagar Ghaziabad
Contact 0120-2706061,2781665 S P Kataria
Bank Details Punjab National Bank Shastri Nagar Ghaziabad PUNB0205100
Location Ghaziabad, Ghaziabad
City Ghaziabad
District Ghaziabad
State Uttar Pradesh
Pincode 201002
Country IN
Address Shastri nagar, distt. 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 110024205 for Shastri Nagar Ghaziabad 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 110024205 of Punjab National Bank , Shastri Nagar Ghaziabad branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Shastri Nagar Ghaziabad branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for PNB Shastri Nagar Ghaziabad

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 Shastri Nagar Ghaziabad 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. 110024205 is the MICR code of PNB Bank for Shastri Nagar Ghaziabad branch. MICR code for Shastri Nagar Ghaziabad 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 Shastri Nagar Ghaziabad is presented in the table alongside.

Use of Punjab National Bank MICR code for Shastri Nagar Ghaziabad branch in ghaziabad

The MICR code 110024205 is used in RBI cheque clearing process to identify the branch Shastri Nagar Ghaziabad 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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