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PNB Bhiwani Chandigarh Haryana MICR CODE

Find MICR Codes for PNB Bhiwani Chandigarh Haryana

Bank
State
District
City
Branch
Address

MICR Code	123024157
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	Charkhi Dadri
Contact	0
Bank Details	Punjab National Bank Charkhi Dadri PUNB0193720

Location	Bhiwani, Chandigarh
City	Bhiwani
District	Chandigarh
State	Haryana
Pincode
Country	IN
Address	Charkhi dadri,

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 123024157 for Charkhi Dadri 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 123024157 of Punjab National Bank , Charkhi Dadri branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Charkhi Dadri 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 -

>>Charkhi Dadri >>Gujrani

MICR code for PNB Charkhi Dadri

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 Charkhi Dadri 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. 123024157 is the MICR code of PNB Bank for Charkhi Dadri branch. MICR code for Charkhi Dadri 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 Charkhi Dadri is presented in the table alongside.

Use of Punjab National Bank MICR code for Charkhi Dadri branch in bhiwani

The MICR code 123024157 is used in RBI cheque clearing process to identify the branch Charkhi Dadri 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.