PNB Ahmedabad Ahmedabad Gujarat MICR CODE

Find MICR Codes for PNB Ahmedabad Ahmedabad Gujarat

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ahemdabad Paldi Mahalaxmi
Contact 079-56482968,7963 L.V. Raghavan
Bank Details Punjab National Bank Ahemdabad Paldi Mahalaxmi PUNB0375300
Location Ahmedabad, Ahmedabad
City Ahmedabad
District Ahmedabad
State Gujarat
Pincode 380007
Country IN
Address 5, aashirwad shopping center, ground floor, vs main road, paldi, ahmedabad -380007
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 380024021 for Ahemdabad Paldi Mahalaxmi 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 380024021 of Punjab National Bank , Ahemdabad Paldi Mahalaxmi branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Ahemdabad Paldi Mahalaxmi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for PNB Ahemdabad Paldi Mahalaxmi

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 Ahemdabad Paldi Mahalaxmi 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. 380024021 is the MICR code of PNB Bank for Ahemdabad Paldi Mahalaxmi branch. MICR code for Ahemdabad Paldi Mahalaxmi 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 Ahemdabad Paldi Mahalaxmi is presented in the table alongside.

Use of Punjab National Bank MICR code for Ahemdabad Paldi Mahalaxmi branch in ahmedabad

The MICR code 380024021 is used in RBI cheque clearing process to identify the branch Ahemdabad Paldi Mahalaxmi 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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