Punjab And Maharashtra Bank Santacruz West North Avenue Mumbai Maharashtra MICR CODE

Find MICR Codes for Punjab And Maharashtra Bank Santacruz West North Avenue Mumbai Maharashtra

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MICR Code	400328033
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	Santacruz (W) North Avenue
Contact	022-26489385/87
Bank Details	Punjab And Maharashtra Co-Op Bank Ltd Santacruz (W) North Avenue PMCB0000033

Location	Santacruz West North Avenue, Mumbai
City	Santacruz West North Avenue
District	Mumbai
State	Maharashtra
Pincode	400054
Country	IN
Address	Guru harkishan high school, gr floor, north avenue road, santacruz west, mumbai 400054

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 400328033 for Santacruz (W) North Avenue 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 400328033 of Punjab Maharashtra Bank, Santacruz (W) North Avenue branch makes the system almost error free and faster. Use of Punjab Maharashtra Bank MICR codes for Santacruz (W) North Avenue branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Punjab And Maharashtra Co-Op Bank Ltd are available with micr code -

>>Santacruz (W) North Avenue

MICR code for Punjab And Maharashtra Bank Santacruz (W) North Avenue

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 Santacruz (W) North Avenue 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. 400328033 is the MICR code of Punjab And Maharashtra Coop Bank for Santacruz (W) North Avenue branch. MICR code for Santacruz (W) North Avenue 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 Santacruz (W) North Avenue is presented in the table alongside.

Use of Punjab Maharashtra Bank MICR code for Santacruz (W) North Avenue branch in santacruz west north avenue

The MICR code 400328033 is used in RBI cheque clearing process to identify the branch Santacruz (W) North Avenue 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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