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It is very important to find MICR code 160024040 of correct branch before initiating a NEFT or RTGS or IMPS transfer. Though all banks will have a mechanism to verify the MICR Code, Bank Branch, Account Type and Name and any mismatch will result in failed transaction!
The best and simplest place to verify 160024040 MICR code branch is the cheque book. Most banks now print MICR Codes on the cheque books. Also, your account pass book should have the MICR Code printed.
160024040 is the MICR Code for High Value Branch Chandigarh branch of PNB. This can be used for online funds transfer via NEFT, RTGS amd IMPS to PNB account. The address of High Value Branch Chandigarh branch is Sco 125-127, sector 17-b madhya marg, chandigarh-160017, which is located in Chandigarh District of Chandigarh State.
In Punjab National Bank MICR Code, the first 4 characters (1600) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (4040) represent the PNB Bank branch code.
Find more information on MICR Code 160024040 of PNB High Value Branch Chandigarh Branch MICR Code Chandigarh for NEFT transfer, RTGS transfer and IMPS transfer below:
*The MICR Code information presented above is for reference only. Please verify MICR Code 160024040 details before initiating any transaction!