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PNB Guntur Bapatla Andhra Pradesh MICR CODE

Find MICR Codes for PNB Guntur Bapatla Andhra Pradesh

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bapatla
Contact 9479022816
Bank Details Punjab National Bank Bapatla PUNB0889100
Location Guntur, Bapatla
City Guntur
District Bapatla
State Andhra Pradesh
Pincode 522102
Country IN
Address H 15-08-153-3 beside bsnl exchange dm palli bapatla andhra pradesh 522101
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 0 for Bapatla 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 0 of Punjab National Bank , Bapatla branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Bapatla 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 -

>>Bapatla

MICR code for PNB Bapatla

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 Bapatla 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. 0 is the MICR code of PNB Bank for Bapatla branch. MICR code for Bapatla 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 Bapatla is presented in the table alongside.

Use of Punjab National Bank MICR code for Bapatla branch in guntur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bapatla 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.