Let Others Know
×
LinkedIn
Email
WhatsApp

PNB Faridabad Faridabad Haryana MICR CODE

Find MICR Codes for PNB Faridabad Faridabad Haryana

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jhar Santli Faridabad
Contact 95129-2309615, Mr. R.P. Gupta
Bank Details Punjab National Bank Jhar Santli Faridabad PUNB0334800
Location Faridabad, Faridabad
City Faridabad
District Faridabad
State Haryana
Pincode 121004
Country IN
Address Post office ballabhgarh, near sector 58, faridabad 121004
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 110024200 for Jhar Santli Faridabad 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 110024200 of Punjab National Bank , Jhar Santli Faridabad branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Jhar Santli Faridabad branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for PNB Jhar Santli Faridabad

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 Jhar Santli Faridabad 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. 110024200 is the MICR code of PNB Bank for Jhar Santli Faridabad branch. MICR code for Jhar Santli Faridabad 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 Jhar Santli Faridabad is presented in the table alongside.

Use of Punjab National Bank MICR code for Jhar Santli Faridabad branch in faridabad

The MICR code 110024200 is used in RBI cheque clearing process to identify the branch Jhar Santli Faridabad 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.