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PNB Kheda Anandgujrat Gujarat MICR CODE

Find MICR Codes for PNB Kheda Anandgujrat Gujarat

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Anand
Contact 0
Bank Details Punjab National Bank Anand PUNB0122920
Location Kheda, Anandgujrat
City Kheda
District Anandgujrat
State Gujarat
Pincode
Country IN
Address Gamdiwad stn, rd,anand,gujrat
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 388024004 for Anand 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 388024004 of Punjab National Bank , Anand branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Anand 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 -

>>Anand

MICR code for PNB Anand

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 Anand 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. 388024004 is the MICR code of PNB Bank for Anand branch. MICR code for Anand 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 Anand is presented in the table alongside.

Use of Punjab National Bank MICR code for Anand branch in kheda

The MICR code 388024004 is used in RBI cheque clearing process to identify the branch Anand 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.