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PNB Barwala Panchkula Haryana MICR CODE

Find MICR Codes for PNB Barwala Panchkula Haryana

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Barwala
Contact 1733256116 Yash Paul
Bank Details Punjab National Bank Barwala PUNB0482200
Location Barwala, Panchkula
City Barwala
District Panchkula
State Haryana
Pincode 134118
Country IN
Address Vpo:barwala, main bazar, dist. Panchkula haryana 134118
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 0 for Barwala 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 0 of Punjab National Bank , Barwala branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Barwala 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 -

>>Barwala

MICR code for PNB Barwala

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 Barwala 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. 0 is the MICR code of PNB Bank for Barwala branch. MICR code for Barwala 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 Barwala is presented in the table alongside.

Use of Punjab National Bank MICR code for Barwala branch in barwala

The MICR code 0 is used in RBI cheque clearing process to identify the branch Barwala 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.