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PNB Guntur Pulipadu Andhra Pradesh MICR CODE

Find MICR Codes for PNB Guntur Pulipadu Andhra Pradesh

Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pallapadu
Contact 8989996581
Bank Details Punjab National Bank Pallapadu PUNB0590100
Location Guntur, Pulipadu
City Guntur
District Pulipadu
State Andhra Pradesh
Pincode 522107
Country IN
Address H no 3 to 123 pallapadu vill pratipadu taluq guntur dist andhra pradesh 522107
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 522024624 for Pallapadu 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 522024624 of Punjab National Bank , Pallapadu branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Pallapadu 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 Pallapadu

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 Pallapadu 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. 522024624 is the MICR code of PNB Bank for Pallapadu branch. MICR code for Pallapadu 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 Pallapadu is presented in the table alongside.

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

The MICR code 522024624 is used in RBI cheque clearing process to identify the branch Pallapadu 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.