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PNB Karimnagar Karimnagar Telangana MICR CODE

Find MICR Codes for PNB Karimnagar Karimnagar Telangana

Bank
State
District
City
Branch
Address

MICR Code	505024503
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	Sircilla
Contact	9989210279
Bank Details	Punjab National Bank Sircilla PUNB0589900

Location	Karimnagar, Karimnagar
City	Karimnagar
District	Karimnagar
State	Telangana
Pincode	505301
Country	IN
Address	Sy no 1562,1560a vasavi nagar karimnagar road sircilla karimnagar dist telangana 505301

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 505024503 for Sircilla 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 505024503 of Punjab National Bank , Sircilla branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Sircilla 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 -

>>Sircilla

MICR code for PNB Sircilla

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 Sircilla 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. 505024503 is the MICR code of PNB Bank for Sircilla branch. MICR code for Sircilla 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 Sircilla is presented in the table alongside.

Use of Punjab National Bank MICR code for Sircilla branch in karimnagar

The MICR code 505024503 is used in RBI cheque clearing process to identify the branch Sircilla 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.