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Punjab And Maharashtra Bank Surat Surat Gujarat MICR CODE

Find MICR Codes for Punjab And Maharashtra Bank Surat Surat Gujarat

Bank
State
District
City
Branch
Address

MICR Code	395328005
Bank	Punjab And Maharashtra Co-Op Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Vesu
Contact	67804000
Bank Details	Punjab And Maharashtra Co-Op Bank Ltd Vesu PMCB0000515

Location	Surat, Surat
City	Surat
District	Surat
State	Gujarat
Pincode	395007
Country	IN
Address	Shop no 37 38 j9 high street b s dream world residency vesu canal road vesu surat 395 007

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 395328005 for Vesu 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 395328005 of Punjab Maharashtra Bank, Vesu branch makes the system almost error free and faster. Use of Punjab Maharashtra Bank MICR codes for Vesu branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Punjab And Maharashtra Co-Op Bank Ltd are available with micr code -

>>Pal Adajan >>Surat Main Branch >>Varacha >>Vesu

MICR code for Punjab And Maharashtra Bank Vesu

Punjab And Maharashtra Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Punjab Maharashtra Bank MICR code for Vesu 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. 395328005 is the MICR code of Punjab And Maharashtra Coop Bank for Vesu branch. MICR code for Vesu 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 Maharashtra Bank Vesu is presented in the table alongside.

Use of Punjab Maharashtra Bank MICR code for Vesu branch in surat

The MICR code 395328005 is used in RBI cheque clearing process to identify the branch Vesu and Punjab Maharashtra 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 Punjab And Maharashtra Coop Bank is typically in either of these two font’s: E-138 and CMC-7.