Punjab And Maharashtra Bank Bangalore Bangalore Karnataka MICR CODE

Find MICR Codes for Punjab And Maharashtra Bank Bangalore Bangalore Karnataka

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MICR Code	560328008
Bank	Punjab And Maharashtra Co-Op Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Hegganahalli Main Road
Contact	28369533
Bank Details	Punjab And Maharashtra Co-Op Bank Ltd Hegganahalli Main Road PMCB0000327

Location	Bangalore, Bangalore
City	Bangalore
District	Bangalore
State	Karnataka
Pincode	560091
Country	IN
Address	332,hegganahalli main road,opp govt school peenya ii stage banglaore 560091

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 560328008 for Hegganahalli Main 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 560328008 of Punjab Maharashtra Bank, Hegganahalli Main Road branch makes the system almost error free and faster. Use of Punjab Maharashtra Bank MICR codes for Hegganahalli Main Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Punjab And Maharashtra Co-Op Bank Ltd are available with micr code -

>>Attibele >>Hegganahalli Main Road

MICR code for Punjab And Maharashtra Bank Hegganahalli Main Road

Punjab And Maharashtra Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Punjab Maharashtra Bank MICR code for Hegganahalli Main 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. 560328008 is the MICR code of Punjab And Maharashtra Coop Bank for Hegganahalli Main Road branch. MICR code for Hegganahalli Main 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 Maharashtra Bank Hegganahalli Main Road is presented in the table alongside.

Use of Punjab Maharashtra Bank MICR code for Hegganahalli Main Road branch in bangalore

The MICR code 560328008 is used in RBI cheque clearing process to identify the branch Hegganahalli Main Road and Punjab Maharashtra 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 Punjab And Maharashtra Coop Bank is typically in either of these two font’s: E-138 and CMC-7.

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