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PNB East Godavari Kapileshwarapuram Andhra Pradesh MICR CODE

Find MICR Codes for PNB East Godavari Kapileshwarapuram Andhra Pradesh

Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Korumilli
Contact 9989815081
Bank Details Punjab National Bank Korumilli PUNB0585700
Location East Godavari, Kapileshwarapuram
City East Godavari
District Kapileshwarapuram
State Andhra Pradesh
Pincode 533233
Country IN
Address D no 1 to 19 korumili gram panchayat kapileshwar puram mandal east godawari dist andhra pradesh 533233
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 533024403 for Korumilli 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 533024403 of Punjab National Bank , Korumilli branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Korumilli 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 -


MICR code for PNB Korumilli

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 Korumilli 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. 533024403 is the MICR code of PNB Bank for Korumilli branch. MICR code for Korumilli 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 Korumilli is presented in the table alongside.

Use of Punjab National Bank MICR code for Korumilli branch in east godavari

The MICR code 533024403 is used in RBI cheque clearing process to identify the branch Korumilli 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.