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PNB Secunderabad Cantonment Hyderabad Urban Andhra Pradesh MICR CODE

Find MICR Codes for PNB Secunderabad Cantonment Hyderabad Urban Andhra Pradesh

Bank
State
District
City
Branch
Address

MICR Code	500024021
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	Secunderabad Park Lane
Contact	040-27816931-91717 K. Swaminathan
Bank Details	Punjab National Bank Secunderabad Park Lane PUNB0424000

Location	Secunderabad Cantonment, Hyderabad Urban
City	Secunderabad Cantonment
District	Hyderabad Urban
State	Andhra Pradesh
Pincode	500003
Country	IN
Address	M-6, chenoy trade centre park lane, secunderabad ap 500003

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 500024021 for Secunderabad Park Lane 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 500024021 of Punjab National Bank , Secunderabad Park Lane branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Secunderabad Park Lane branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Punjab National Bank are available with micr code -

>>A.S. Rao Nagar >>Lal Bazar >>Mg Road >>Nimh Campus >>Rp Road >>Secunderabad Park Lane

MICR code for PNB Secunderabad Park Lane

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 Secunderabad Park Lane 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. 500024021 is the MICR code of PNB Bank for Secunderabad Park Lane branch. MICR code for Secunderabad Park Lane 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 Secunderabad Park Lane is presented in the table alongside.

Use of Punjab National Bank MICR code for Secunderabad Park Lane branch in secunderabad cantonment

The MICR code 500024021 is used in RBI cheque clearing process to identify the branch Secunderabad Park Lane 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.