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PNB Rewari Kosli Dist Rewari Haryana MICR CODE

Find MICR Codes for PNB Rewari Kosli Dist Rewari Haryana

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kosli Distrewari
Contact 1259-83
Bank Details Punjab National Bank Kosli Distrewari PUNB0148310
Location Rewari, Kosli Dist Rewari
City Rewari
District Kosli Dist Rewari
State Haryana
Pincode 123302
Country IN
Address Anaj mandi vpokosli dist rewari 123302
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 123024026 for Kosli Distrewari 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 123024026 of Punjab National Bank , Kosli Distrewari branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Kosli Distrewari 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 -

>>Kosli Distrewari

MICR code for PNB Kosli Distrewari

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 Kosli Distrewari 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. 123024026 is the MICR code of PNB Bank for Kosli Distrewari branch. MICR code for Kosli Distrewari 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 Kosli Distrewari is presented in the table alongside.

Use of Punjab National Bank MICR code for Kosli Distrewari branch in rewari

The MICR code 123024026 is used in RBI cheque clearing process to identify the branch Kosli Distrewari 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.