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PNB Panipat Panipat Haryana MICR CODE

Find MICR Codes for PNB Panipat Panipat Haryana

Bank
State
District
City
Branch
Address

MICR Code	132024020
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	Panipatoverseas
Contact	180-2631521
Bank Details	Punjab National Bank Panipatoverseas PUNB0090010

Location	Panipat, Panipat
City	Panipat
District	Panipat
State	Haryana
Pincode	132103
Country	IN
Address	N.k. Tower g.t. Road 132103

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 132024020 for Panipatoverseas 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 132024020 of Punjab National Bank , Panipatoverseas branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Panipatoverseas branch, makes the characters readable even if there are other marks and stamps on it.

A total of 28 branches of Punjab National Bank are available with micr code -

>>Asand Road Panipat >>Babail >>Cac Panipat >>Chowk Amar Bhavan Panipat >>Circle Office Panipat >>Circle Sastra Centre Panipat >>Currency Chest Panipat Gt Road >>Dadlana >>G T Road Panipat >>Hyderabadi General Hospital Panipa >>Ibb Panipat >>Jatal Road Panipat >>Khadi Ashram >>Lcb Karnal >>Madlauda Dist Panipat >>New Subzi Mandi Panipat >>Panipat >>Panipat Ibl School >>Panipat Retail Hub >>Panipat Sect 2529 >>Panipat Sect. 13 17 >>Panipatgt Road >>Panipatoverseas >>Panipatssi >>Rcc Panipat >>S D Modern School Panipat >>S.D.V.M Panipat >>Tehsil Camp

MICR code for PNB Panipatoverseas

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 Panipatoverseas 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. 132024020 is the MICR code of PNB Bank for Panipatoverseas branch. MICR code for Panipatoverseas 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 Panipatoverseas is presented in the table alongside.

Use of Punjab National Bank MICR code for Panipatoverseas branch in panipat

The MICR code 132024020 is used in RBI cheque clearing process to identify the branch Panipatoverseas 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.