PNB Secunderabad Cantonment Hyderabad Andhra Pradesh MICR CODE

Find MICR Codes for PNB Secunderabad Cantonment Hyderabad Andhra Pradesh

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bison Shop Arcade Secunderabad
Contact
Bank Details Punjab National Bank Bison Shop Arcade Secunderabad PUNB0690700
Location Secunderabad Cantonment, Hyderabad
City Secunderabad Cantonment
District Hyderabad
State Andhra Pradesh
Pincode 500015
Country IN
Address Bison shoping arc, mercury lines, adj to krishna temple, trimulgery,secunderabad ap 500015
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 0 for Bison Shop Arcade Secunderabad 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 0 of Punjab National Bank , Bison Shop Arcade Secunderabad branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Bison Shop Arcade Secunderabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Punjab National Bank are available with micr code -

>>Bison Shop Arcade Secunderabad >>Retail Loans Hub Secunderabad

MICR code for PNB Bison Shop Arcade Secunderabad

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 Bison Shop Arcade Secunderabad 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. 0 is the MICR code of PNB Bank for Bison Shop Arcade Secunderabad branch. MICR code for Bison Shop Arcade Secunderabad 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 Bison Shop Arcade Secunderabad is presented in the table alongside.

Use of Punjab National Bank MICR code for Bison Shop Arcade Secunderabad branch in secunderabad cantonment

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bison Shop Arcade Secunderabad 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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