PNB Secunderabad Cantonment Hyderabad Urban Andhra Pradesh MICR CODE

Find MICR Codes for PNB Secunderabad Cantonment Hyderabad Urban Andhra Pradesh

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MICR Code	500024024
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	A.S. Rao Nagar
Contact	040-27120063 Mohd Ismail
Bank Details	Punjab National Bank A.S. Rao Nagar PUNB0456500

Location	Secunderabad Cantonment, Hyderabad Urban
City	Secunderabad Cantonment
District	Hyderabad Urban
State	Andhra Pradesh
Pincode	500062
Country	IN
Address	Plot no. A-19-85/3/1 rukminipuri colony, dr. A.s.rao nagar, kapra, secunderabad ap 500062

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 500024024 for A.S. Rao Nagar 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 500024024 of Punjab National Bank , A.S. Rao Nagar branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for A.S. Rao Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Punjab National Bank are available with micr code -

>>A.S. Rao Nagar >>Lal Bazar >>Mg Road >>Nimh Campus >>Rp Road >>Secunderabad Park Lane

MICR code for PNB A.S. Rao Nagar

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 A.S. Rao Nagar 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. 500024024 is the MICR code of PNB Bank for A.S. Rao Nagar branch. MICR code for A.S. Rao Nagar 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 A.S. Rao Nagar is presented in the table alongside.

Use of Punjab National Bank MICR code for A.S. Rao Nagar branch in secunderabad cantonment

The MICR code 500024024 is used in RBI cheque clearing process to identify the branch A.S. Rao Nagar 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.

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