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PNB Gajuwaka Vishakhapatnam Andhra Pradesh MICR CODE

Find MICR Codes for PNB Gajuwaka Vishakhapatnam Andhra Pradesh

MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vishakapatnam Gajuwaka
Contact D B R Rao 0891-2708402
Bank Details Punjab National Bank Vishakapatnam Gajuwaka PUNB0495900
Location Gajuwaka, Vishakhapatnam
City Gajuwaka
District Vishakhapatnam
State Andhra Pradesh
Pincode 530026
Country IN
Address 7-15-15&16, n h s, old gajuwaka junction, vishakapatnam ap 530026
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 6024530 for Vishakapatnam Gajuwaka 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 6024530 of Punjab National Bank , Vishakapatnam Gajuwaka branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Vishakapatnam Gajuwaka 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 -

>>Vishakapatnam Gajuwaka

MICR code for PNB Vishakapatnam Gajuwaka

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 Vishakapatnam Gajuwaka 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. 6024530 is the MICR code of PNB Bank for Vishakapatnam Gajuwaka branch. MICR code for Vishakapatnam Gajuwaka 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 Vishakapatnam Gajuwaka is presented in the table alongside.

Use of Punjab National Bank MICR code for Vishakapatnam Gajuwaka branch in gajuwaka

The MICR code 6024530 is used in RBI cheque clearing process to identify the branch Vishakapatnam Gajuwaka 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.