PNB Sahibzada Ajit Singh Nagar Zirakpur Punjab MICR CODE

Find MICR Codes for PNB Sahibzada Ajit Singh Nagar Zirakpur Punjab

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Zirakpur
Contact 1762-287849
Bank Details Punjab National Bank Zirakpur PUNB0091510
Location Sahibzada Ajit Singh Nagar, Zirakpur
City Sahibzada Ajit Singh Nagar
District Zirakpur
State Punjab
Pincode 140105
Country IN
Address Chandigarh-ambala highay 140105
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 160024119 for Zirakpur 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 160024119 of Punjab National Bank , Zirakpur branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Zirakpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Punjab National Bank are available with micr code -

>>Dhakolidistt Sas Nagar >>Zirakpur

MICR code for PNB Zirakpur

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 Zirakpur 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. 160024119 is the MICR code of PNB Bank for Zirakpur branch. MICR code for Zirakpur 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 Zirakpur is presented in the table alongside.

Use of Punjab National Bank MICR code for Zirakpur branch in sahibzada ajit singh nagar

The MICR code 160024119 is used in RBI cheque clearing process to identify the branch Zirakpur 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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