PNB Faridabad Farid Haryana MICR CODE

Find MICR Codes for PNB Faridabad Farid Haryana

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sector Seventy Nine Faridabad
Contact 0-23765326
Bank Details Punjab National Bank Sector Seventy Nine Faridabad PUNB0017430
Location Faridabad, Farid
City Faridabad
District Farid
State Haryana
Pincode 121002
Country IN
Address Sco 87 omaxe world
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 Sector Seventy Nine Faridabad 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 , Sector Seventy Nine Faridabad branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Sector Seventy Nine Faridabad 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 -

>>Sector Seventy Nine Faridabad

MICR code for PNB Sector Seventy Nine Faridabad

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 Sector Seventy Nine Faridabad 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 Sector Seventy Nine Faridabad branch. MICR code for Sector Seventy Nine Faridabad 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 Sector Seventy Nine Faridabad is presented in the table alongside.

Use of Punjab National Bank MICR code for Sector Seventy Nine Faridabad branch in faridabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sector Seventy Nine Faridabad 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.

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