Let Others Know
×
LinkedIn
Email
WhatsApp

PNB Sonipat Sonipat Haryana MICR CODE

Find MICR Codes for PNB Sonipat Sonipat Haryana

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sonepat Main
Contact 0130-2240970,2246753 Vijay Rampal
Bank Details Punjab National Bank Sonepat Main PUNB0043400
Location Sonipat, Sonipat
City Sonipat
District Sonipat
State Haryana
Pincode 131001
Country IN
Address Hindu college ,sonepat ,haryana - 131001
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 110024240 for Sonepat Main 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 110024240 of Punjab National Bank , Sonepat Main branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Sonepat Main branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for PNB Sonepat Main

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 Sonepat Main 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. 110024240 is the MICR code of PNB Bank for Sonepat Main branch. MICR code for Sonepat Main 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 Sonepat Main is presented in the table alongside.

Use of Punjab National Bank MICR code for Sonepat Main branch in sonipat

The MICR code 110024240 is used in RBI cheque clearing process to identify the branch Sonepat Main 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.