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Punjab State Coop Bank Chandigarh Chandigarh Punjab MICR CODE

Find MICR Codes for Punjab State Coop Bank Chandigarh Chandigarh Punjab

MICR Code
Bank The Punjab State Cooperative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rtgsho
Contact 172-5067018
Bank Details The Punjab State Cooperative Bank Ltd Rtgsho TPSC0000001
Location Chandigarh, Chandigarh
City Chandigarh
District Chandigarh
State Punjab
Pincode
Country IN
Address Sco.175-187, sector-34a
MICR Code
Bank The Punjab State Cooperative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Branch Office Seventeen
Contact 172-5061423
Bank Details The Punjab State Cooperative Bank Ltd Branch Office Seventeen TPSC0000002
Location Chandigarh, Chandigarh
City Chandigarh
District Chandigarh
State Punjab
Pincode
Country IN
Address Sco. 50-51, bank square, sector.17-b
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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.

Search Punjab State Coop Bank MICR Codes in chandigarh

You can search through MICR Codes of Punjab branches in chandigarh of District chandigarh in Punjab State by using the search box or you can browse through the table using the conrols at the bottom.

How to find MICR codes for Punjab State Coop Bank in chandigarh?

Punjab State Coop Bank chandigarh MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Punjab State Coop Bank MICR codes list for chandigarh, one can further search by branch name specified in the table. You can find MICR codes for all Punjab State Coop Bank chandigarh branches.

Punjab State Coop Bank MICR code in chandigarh

Punjab State Coop Bank MICR code is a character recognition technology used by banks in the processing of cheques. Punjab State Coop Bank MICR code for chandigarh branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Punjab State Coop Bank branches in chandigarh, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Punjab State Coop Bank MICR code for chandigarh branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Punjab State Coop Bank chandigarh branch, sprinted 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. Thus MICR code for Punjab State Coop Bank chandigarh branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Punjab State Coop Bank MICR codes for chandigarh branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!