Let Others Know

PNB Chandi Mandir Panchkula Haryana MICR CODE

Find MICR Codes for PNB Chandi Mandir Panchkula Haryana

Bank
State
District
City
Branch
Address

MICR Code	160024004
Bank	Punjab National Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Chandi Mandir
Contact	0172-2589399,2554477 Js Thakur
Bank Details	Punjab National Bank Chandi Mandir PUNB0325600

Location	Chandi Mandir, Panchkula
City	Chandi Mandir
District	Panchkula
State	Haryana
Pincode	134107
Country	IN
Address	Chandi mandi, panchkula 134107

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 160024004 for Chandi Mandir 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 160024004 of Punjab National Bank , Chandi Mandir branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Chandi Mandir 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 -

>>Chandi Mandir

MICR code for PNB Chandi Mandir

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 Chandi Mandir 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. 160024004 is the MICR code of PNB Bank for Chandi Mandir branch. MICR code for Chandi Mandir 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 Chandi Mandir is presented in the table alongside.

Use of Punjab National Bank MICR code for Chandi Mandir branch in chandi mandir

The MICR code 160024004 is used in RBI cheque clearing process to identify the branch Chandi Mandir 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.