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PNB Valakom Kollam Kerala MICR CODE

Find MICR Codes for PNB Valakom Kollam Kerala

Bank
State
District
City
Branch
Address

MICR Code	695024252
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	Varkala (Kerala)
Contact	9995736154
Bank Details	Punjab National Bank Varkala (Kerala) PUNB0750000

Location	Valakom, Kollam
City	Valakom
District	Kollam
State	Kerala
Pincode	695141
Country	IN
Address	Building no vmc 6/190a opp railway station varkala kollam kerala- 695141

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 695024252 for Varkala (Kerala) 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 695024252 of Punjab National Bank , Varkala (Kerala) branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Varkala (Kerala) 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 -

>>Varkala (Kerala)

MICR code for PNB Varkala (Kerala)

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 Varkala (Kerala) 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. 695024252 is the MICR code of PNB Bank for Varkala (Kerala) branch. MICR code for Varkala (Kerala) 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 Varkala (Kerala) is presented in the table alongside.

Use of Punjab National Bank MICR code for Varkala (Kerala) branch in valakom

The MICR code 695024252 is used in RBI cheque clearing process to identify the branch Varkala (Kerala) 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.