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PNB Secunderabad Cantonment Hyderabad Andhra Pradesh MICR CODE

Find MICR Codes for PNB Secunderabad Cantonment Hyderabad Andhra Pradesh

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Punjab National Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Retail Loans Hub Secunderabad
Contact	040-24601488
Bank Details	Punjab National Bank Retail Loans Hub Secunderabad PUNB0523000

Location	Secunderabad Cantonment, Hyderabad
City	Secunderabad Cantonment
District	Hyderabad
State	Andhra Pradesh
Pincode	500001
Country	IN
Address	Retail loans hub, 4-1-427, troop bazar bank street secunderabad 500001

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 Retail Loans Hub Secunderabad 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 , Retail Loans Hub Secunderabad branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Retail Loans Hub Secunderabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Punjab National Bank are available with micr code -

>>Bison Shop Arcade Secunderabad >>Retail Loans Hub Secunderabad

MICR code for PNB Retail Loans Hub Secunderabad

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 Retail Loans Hub Secunderabad 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 Retail Loans Hub Secunderabad branch. MICR code for Retail Loans Hub Secunderabad 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 Retail Loans Hub Secunderabad is presented in the table alongside.

Use of Punjab National Bank MICR code for Retail Loans Hub Secunderabad branch in secunderabad cantonment

The MICR code 0 is used in RBI cheque clearing process to identify the branch Retail Loans Hub Secunderabad 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.