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Punjab And Sind Bank Amritsar Amritsar Punjab MICR CODE

Find MICR Codes for Punjab And Sind Bank Amritsar Amritsar Punjab

MICR Code
Bank Punjab And Sind Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Amritsar Khalsa College
Contact 0183-2482571
Bank Details Punjab And Sind Bank Amritsar Khalsa College PSIB0000031
Location Amritsar, Amritsar
City Amritsar
District Amritsar
State Punjab
Pincode 143001
Country IN
Address Khalsa college, amritsar
MICR Code
Bank Punjab And Sind Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Civil Lines
Contact 0183-2221675
Bank Details Punjab And Sind Bank Civil Lines PSIB0000102
Location Amritsar, Amritsar
City Amritsar
District Amritsar
State Punjab
Pincode 143001
Country IN
Address 12-lawrence road, civil lines amritsar-143001
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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.

How to find MICR codes for Punjab And Sind Bank in amritsar?

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

Punjab Sind Bank MICR code in amritsar

Punjab And Sind Bank MICR code is a character recognition technology used by banks in the processing of cheques. Punjab Sind Bank MICR code for amritsar 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 PSB Bank branches in amritsar, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does PSB Bank MICR code for amritsar 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 And Sind Bank amritsar 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 Sind Bank amritsar branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of PSB Bank MICR codes for amritsar branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!