PNB Hyderabad Hyderabad Telangana MICR CODE

Find MICR Codes for PNB Hyderabad Hyderabad Telangana

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hyderabadregency Plaza Ameerpet
Contact 40-23746204
Bank Details Punjab National Bank Hyderabadregency Plaza Ameerpet PUNB0109310
Location Hyderabad, Hyderabad
City Hyderabad
District Hyderabad
State Telangana
Pincode 500016
Country IN
Address Regency plaza, maitrivihar area ameer 500016
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 Hyderabadregency Plaza Ameerpet 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 , Hyderabadregency Plaza Ameerpet branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Hyderabadregency Plaza Ameerpet branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for PNB Hyderabadregency Plaza Ameerpet

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 Hyderabadregency Plaza Ameerpet 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 Hyderabadregency Plaza Ameerpet branch. MICR code for Hyderabadregency Plaza Ameerpet 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 Hyderabadregency Plaza Ameerpet is presented in the table alongside.

Use of Punjab National Bank MICR code for Hyderabadregency Plaza Ameerpet branch in hyderabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Hyderabadregency Plaza Ameerpet 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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