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PNB Poonch Poonch Jammu And Kashmir MICR CODE

Find MICR Codes for PNB Poonch Poonch Jammu And Kashmir

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Poonch
Contact Chaman Lal Sharma 01965-220277
Bank Details Punjab National Bank Poonch PUNB0292200
Location Poonch, Poonch
City Poonch
District Poonch
State Jammu And Kashmir
Pincode 185101
Country IN
Address Main bazar poonch jammu and kashmir 185101
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 0 for Poonch 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 0 of Punjab National Bank , Poonch branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Poonch 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 -

>>Poonch

MICR code for PNB Poonch

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 Poonch 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. 0 is the MICR code of PNB Bank for Poonch branch. MICR code for Poonch 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 Poonch is presented in the table alongside.

Use of Punjab National Bank MICR code for Poonch branch in poonch

The MICR code 0 is used in RBI cheque clearing process to identify the branch Poonch 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.