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Punjab And Sind Bank Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for Punjab And Sind Bank Delhi New Delhi New Delhi

MICR Code
Bank Punjab And Sind Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Anand Vihar
Contact
Bank Details Punjab And Sind Bank Anand Vihar PSIB0000565
Location Delhi, New Delhi
City Delhi
District New Delhi
State New Delhi
Pincode 110092
Country IN
Address C.s.c market,a-block, anand vihar, delhi-92
MICR Code
Bank Punjab And Sind Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Anand Vihar
Contact 011-22162033
Bank Details Punjab And Sind Bank Anand Vihar PSIB0001034
Location Delhi, New Delhi
City Delhi
District New Delhi
State New Delhi
Pincode 110092
Country IN
Address Vivekanand school,anand vihar,delhi-110092
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 110023042 for Anand Vihar 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 110023042 of Punjab Sind Bank, Anand Vihar branch makes the system almost error free and faster. Use of Punjab Sind Bank MICR codes for Anand Vihar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Punjab And Sind Bank Anand Vihar

Punjab And Sind Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Punjab Sind Bank MICR code for Anand Vihar 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. 110023042 is the MICR code of PSB Bank for Anand Vihar branch. MICR code for Anand Vihar 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 Sind Bank Anand Vihar is presented in the table alongside.

Use of Punjab Sind Bank MICR code for Anand Vihar branch in delhi

The MICR code 110023042 is used in RBI cheque clearing process to identify the branch Anand Vihar and Punjab Sind 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 PSB Bank is typically in either of these two font’s: E-138 and CMC-7.