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PNB Madhuravada Vishakhapatnam Andhra Pradesh MICR CODE

Find MICR Codes for PNB Madhuravada Vishakhapatnam Andhra Pradesh

Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vishakapatnam Madhurawada
Contact A Suribabu 9866015491
Bank Details Punjab National Bank Vishakapatnam Madhurawada PUNB0627200
Location Madhuravada, Vishakhapatnam
City Madhuravada
District Vishakhapatnam
State Andhra Pradesh
Pincode 530048
Country IN
Address Midhilapuri colony,madhurawada vishakapatnam ap 530048
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.

Search PNB MICR Codes in vishakhapatnam

You can search through MICR Codes of Andhra Pradesh branches in madhuravada of District vishakhapatnam in Andhra Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Punjab National Bank are available with micr code -

>>Vishakapatnam Madhurawada

How to find MICR codes for PNB in madhuravada?

PNB madhuravada MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Punjab National Bank MICR codes list for madhuravada, one can further search by branch name specified in the table. You can find MICR codes for all PNB madhuravada branches.

Punjab National Bank MICR code in madhuravada

PNB MICR code is a character recognition technology used by banks in the processing of cheques. Punjab National Bank MICR code for madhuravada branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for PNB Bank branches in madhuravada, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does PNB Bank MICR code for madhuravada branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a PNB madhuravada branch, sprinted 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. Thus MICR code for Punjab National Bank madhuravada branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of PNB Bank MICR codes for madhuravada branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!