PNB Rajampet Rajampet Andhra Pradesh MICR CODE

Find MICR Codes for PNB Rajampet Rajampet 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 Rajampet
Contact 11-23718172
Bank Details Punjab National Bank Rajampet PUNB0968800
Location Rajampet, Rajampet
City Rajampet
District Rajampet
State Andhra Pradesh
Pincode 516115
Country IN
Address D.no 6 399 h a b commercial complex deep lodge complex railway station road ap rjmpt 516115
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 Rajampet 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 , Rajampet branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Rajampet branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Punjab National Bank are available with micr code -

>>Rajampet

MICR code for PNB Rajampet

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 Rajampet 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 Rajampet branch. MICR code for Rajampet 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 Rajampet is presented in the table alongside.

Use of Punjab National Bank MICR code for Rajampet branch in rajampet

The MICR code 0 is used in RBI cheque clearing process to identify the branch Rajampet 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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