PNB Shahid Bhagat Singh Nagar Nawan Shahr Punjab MICR CODE

Find MICR Codes for PNB Shahid Bhagat Singh Nagar Nawan Shahr Punjab

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Udhanwalnawanshahar Punjab
Contact 1885-240240
Bank Details Punjab National Bank Udhanwalnawanshahar Punjab PUNB0169010
Location Shahid Bhagat Singh Nagar, Nawan Shahr
City Shahid Bhagat Singh Nagar
District Nawan Shahr
State Punjab
Pincode 144521
Country IN
Address Udhanwal, vpo- udhanwa 144521
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 144024930 for Udhanwalnawanshahar Punjab 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 144024930 of Punjab National Bank , Udhanwalnawanshahar Punjab branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Udhanwalnawanshahar Punjab branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Punjab National Bank are available with micr code -

>>Bangatehnawan Shahr >>Jadla >>Nawan Shahr >>Udhanwalnawanshahar Punjab

MICR code for PNB Udhanwalnawanshahar Punjab

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 Udhanwalnawanshahar Punjab 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. 144024930 is the MICR code of PNB Bank for Udhanwalnawanshahar Punjab branch. MICR code for Udhanwalnawanshahar Punjab 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 Udhanwalnawanshahar Punjab is presented in the table alongside.

Use of Punjab National Bank MICR code for Udhanwalnawanshahar Punjab branch in shahid bhagat singh nagar

The MICR code 144024930 is used in RBI cheque clearing process to identify the branch Udhanwalnawanshahar Punjab 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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