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PNB Palwal Hathin Palwal Haryana MICR CODE

Find MICR Codes for PNB Palwal Hathin Palwal Haryana

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hathinpalwal
Contact 1275-261877
Bank Details Punjab National Bank Hathinpalwal PUNB0143210
Location Palwal, Hathin Palwal
City Palwal
District Hathin Palwal
State Haryana
Pincode 121102
Country IN
Address Vpo hathin palwal 121102
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 121024464 for Hathinpalwal 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 121024464 of Punjab National Bank , Hathinpalwal branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Hathinpalwal 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 -

>>Hathinpalwal

MICR code for PNB Hathinpalwal

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 Hathinpalwal 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. 121024464 is the MICR code of PNB Bank for Hathinpalwal branch. MICR code for Hathinpalwal 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 Hathinpalwal is presented in the table alongside.

Use of Punjab National Bank MICR code for Hathinpalwal branch in palwal

The MICR code 121024464 is used in RBI cheque clearing process to identify the branch Hathinpalwal 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.