PNB Visakhapatnam Vishakapatnam Andhra Pradesh MICR CODE

Find MICR Codes for PNB Visakhapatnam Vishakapatnam Andhra Pradesh

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MICR Code	530024004
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	Nad Kotha Road
Contact	0891-2742117, N S Prasad
Bank Details	Punjab National Bank Nad Kotha Road PUNB0448100

Location	Visakhapatnam, Vishakapatnam
City	Visakhapatnam
District	Vishakapatnam
State	Andhra Pradesh
Pincode	530009
Country	IN
Address	Door no.58-1-237 theegala towers, nad kotha road , vishakapatnam, ap- 530009

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 530024004 for Nad Kotha Road 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 530024004 of Punjab National Bank , Nad Kotha Road branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Nad Kotha Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Punjab National Bank are available with micr code -

>>Anakapalle Distt.Visakhapatanam >>Daba Gardens >>Muralinagar >>Nad Kotha Road >>Visakhapatanm Mvp Clony >>Visakhapatnam >>Visakhapatnamgajuwaka >>Vishakapatnam >>Vishakhapatnamasilmetta >>Vishakhapatnammadhuravada

MICR code for PNB Nad Kotha Road

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 Nad Kotha Road 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. 530024004 is the MICR code of PNB Bank for Nad Kotha Road branch. MICR code for Nad Kotha Road 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 Nad Kotha Road is presented in the table alongside.

Use of Punjab National Bank MICR code for Nad Kotha Road branch in visakhapatnam

The MICR code 530024004 is used in RBI cheque clearing process to identify the branch Nad Kotha Road 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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