Punjab National Bank Mohaligovt College Sec Fifty Six Phase Six (PNB)
Mohaligovt College Sec Fifty Six Phase Six · Sahibzada Ajit Singh Nagar, Punjab
160024130 is the MICR code for the Mohaligovt College Sec Fifty Six Phase Six branch of Punjab National Bank, located in Sahibzada Ajit Singh Nagar, Punjab. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code PUNB0512610.
Bank
Punjab National Bank
Branch & Address
Mohaligovt College Sec Fifty Six Phase Six
Govt College Sec56 Phase6 160062
Sahibzada Ajit Singh Nagar, Mohali, Punjab
Contact
+911722265323MICR Code Structure
160
City
024
Bank
130
Branch
City code 160 identifies the RBI clearing centre, bank code 024 identifies Punjab National Bank, and branch code 130 identifies this specific branch.
Online Payment Methods Supported
Other Punjab National Bank (PNB) branches near Sahibzada Ajit Singh Nagar
Other banks in Sahibzada Ajit Singh Nagar, Punjab
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (PUNB0512610) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 160024130 is in the middle, and your account number is on the right.