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PNB Karnal Karnal Haryana MICR CODE

Find MICR Codes for PNB Karnal Karnal Haryana

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Newal Distt Karnal
Contact 0
Bank Details Punjab National Bank Newal Distt Karnal PUNB0190710
Location Karnal, Karnal
City Karnal
District Karnal
State Haryana
Pincode 132023
Country IN
Address Villnewal nr bus sta po ss kunjpura 132023
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 132024126 for Newal Distt Karnal 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 132024126 of Punjab National Bank , Newal Distt Karnal branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Newal Distt Karnal branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for PNB Newal Distt Karnal

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 Newal Distt Karnal 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. 132024126 is the MICR code of PNB Bank for Newal Distt Karnal branch. MICR code for Newal Distt Karnal 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 Newal Distt Karnal is presented in the table alongside.

Use of Punjab National Bank MICR code for Newal Distt Karnal branch in karnal

The MICR code 132024126 is used in RBI cheque clearing process to identify the branch Newal Distt Karnal 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.