PNB Ludhiana Sidhwan Bet Punjab MICR CODE

Find MICR Codes for PNB Ludhiana Sidhwan Bet Punjab

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sidhwan Bet
Contact 1624-240251
Bank Details Punjab National Bank Sidhwan Bet PUNB0029810
Location Ludhiana, Sidhwan Bet
City Ludhiana
District Sidhwan Bet
State Punjab
Pincode 142033
Country IN
Address At. Post sidhwan bet dist. Ludhiana 142033
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 142024065 for Sidhwan Bet 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 142024065 of Punjab National Bank , Sidhwan Bet branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Sidhwan Bet branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Punjab National Bank are available with micr code -

>>Sidhwan Bet

MICR code for PNB Sidhwan Bet

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 Sidhwan Bet 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. 142024065 is the MICR code of PNB Bank for Sidhwan Bet branch. MICR code for Sidhwan Bet 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 Sidhwan Bet is presented in the table alongside.

Use of Punjab National Bank MICR code for Sidhwan Bet branch in ludhiana

The MICR code 142024065 is used in RBI cheque clearing process to identify the branch Sidhwan Bet 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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