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PNB Vijayawada Krishna Andhra Pradesh MICR CODE

Find MICR Codes for PNB Vijayawada Krishna Andhra Pradesh

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Suryaraopet Vijayawada
Contact 0866-2430496, Mr.R.Srinivasa Rao
Bank Details Punjab National Bank Suryaraopet Vijayawada PUNB0362900
Location Vijayawada, Krishna
City Vijayawada
District Krishna
State Andhra Pradesh
Pincode 520002
Country IN
Address 29-37-129, suryaraopet, vijayawada – 520002
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 520024002 for Suryaraopet Vijayawada 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 520024002 of Punjab National Bank , Suryaraopet Vijayawada branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Suryaraopet Vijayawada branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Punjab National Bank are available with micr code -

>>Convent Street Vijayawada >>Governorpet Vijaywada >>Suryaraopet Vijayawada >>Vijayawada Suryaraopet C Chest

MICR code for PNB Suryaraopet Vijayawada

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 Suryaraopet Vijayawada 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. 520024002 is the MICR code of PNB Bank for Suryaraopet Vijayawada branch. MICR code for Suryaraopet Vijayawada 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 Suryaraopet Vijayawada is presented in the table alongside.

Use of Punjab National Bank MICR code for Suryaraopet Vijayawada branch in vijayawada

The MICR code 520024002 is used in RBI cheque clearing process to identify the branch Suryaraopet Vijayawada 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.