PNB Calicut Kozhikode Kerala MICR CODE

Find MICR Codes for PNB Calicut Kozhikode Kerala

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Govindapuram
Contact 0495-2743074 , Mr. Krishna Kumar
Bank Details Punjab National Bank Govindapuram PUNB0427400
Location Calicut, Kozhikode
City Calicut
District Kozhikode
State Kerala
Pincode
Country IN
Address Shatabdhi bhavan, service block, mini bye pass road, govindapuram, calicut, kerala
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 673024005 for Govindapuram 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 673024005 of Punjab National Bank , Govindapuram branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Govindapuram branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for PNB Govindapuram

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 Govindapuram 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. 673024005 is the MICR code of PNB Bank for Govindapuram branch. MICR code for Govindapuram 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 Govindapuram is presented in the table alongside.

Use of Punjab National Bank MICR code for Govindapuram branch in calicut

The MICR code 673024005 is used in RBI cheque clearing process to identify the branch Govindapuram 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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