PUNJAB NATIONAL BANK, High Value Branch, Mohali, PUNJAB

MICR Code:160024054

Branch:High Value Branch, Mohali

Address:Sco-534, Sector - 70

City:Mohali, Punjab

District:Mohali, Punjab

State:Punjab

MICR Codes for other Branches of Punjab National Bank In "Mohali"

MICR Code for PUNJAB NATIONAL BANKPunjab

The MICR code for a PUNJAB NATIONAL BANK is a machine readable code that is used for processing and clearance of cheques. The code helps to identify the bank branch to which the cheque belongs. It is used when cheque goes for clearing, where the magnetic reader reads the code and it gets sorted automatically. This code speeds up the clearance process.

The MICR code for PUNJAB NATIONAL BANK is printed on the bottom of every cheque leaf of the PUNJAB NATIONAL BANK.

Decoding-160024054

160024054 the MICR code of PUNJAB NATIONAL BANK,High Value Branch, MohaliPunjab.

  • The first 3 characters, i.e. 160 is the first three characters of PIN (Postal Index Number)
  • The next three characters, i.e. 024 depicts the bank number of PUNJAB NATIONAL BANK
  • The last three charters, i.e. 054 depicts theHigh Value Branch, Mohali ofMohali, Punjab.