PNB Gurdaspur Gurdaspur Punjab MICR CODE

Find MICR Codes for PNB Gurdaspur Gurdaspur Punjab

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sri Hargobindpur
Contact 1872-257012
Bank Details Punjab National Bank Sri Hargobindpur PUNB0147110
Location Gurdaspur, Gurdaspur
City Gurdaspur
District Gurdaspur
State Punjab
Pincode 143515
Country IN
Address Amritsar road hargobindpur 143515
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 143024216 for Sri Hargobindpur 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 143024216 of Punjab National Bank , Sri Hargobindpur branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Sri Hargobindpur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for PNB Sri Hargobindpur

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 Sri Hargobindpur 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. 143024216 is the MICR code of PNB Bank for Sri Hargobindpur branch. MICR code for Sri Hargobindpur 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 Sri Hargobindpur is presented in the table alongside.

Use of Punjab National Bank MICR code for Sri Hargobindpur branch in gurdaspur

The MICR code 143024216 is used in RBI cheque clearing process to identify the branch Sri Hargobindpur 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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