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PNB Rai Sonipat Haryana MICR CODE

Find MICR Codes for PNB Rai Sonipat Haryana

Bank
State
District
City
Branch
Address

MICR Code	110024472
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	Rai
Contact	Narender Kr. Kuchhal 0130-2367170,2367171
Bank Details	Punjab National Bank Rai PUNB0493900

Location	Rai, Sonipat
City	Rai
District	Sonipat
State	Haryana
Pincode	131029
Country	IN
Address	Bdo office complex gt road, rai, distt sonepat haryana 131029

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 110024472 for Rai 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 110024472 of Punjab National Bank , Rai branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Rai 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 -

>>Rai

MICR code for PNB Rai

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 Rai 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. 110024472 is the MICR code of PNB Bank for Rai branch. MICR code for Rai 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 Rai is presented in the table alongside.

Use of Punjab National Bank MICR code for Rai branch in rai

The MICR code 110024472 is used in RBI cheque clearing process to identify the branch Rai 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.