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Punjab And Sind Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for Punjab And Sind Bank Chennai Chennai Tamil Nadu

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Punjab And Sind Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ashok Nagar Chennai
Contact	Shri N K Sekar, Senior Manager M-09444392997
Bank Details	Punjab And Sind Bank Ashok Nagar Chennai PSIB0020999

Location	Chennai, Chennai
City	Chennai
District	Chennai
State	Tamil Nadu
Pincode	600083
Country	IN
Address	17/36, gf, 4th avenue, ashok nagar, chennai

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 0 for Ashok Nagar Chennai 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 0 of Punjab Sind Bank, Ashok Nagar Chennai branch makes the system almost error free and faster. Use of Punjab Sind Bank MICR codes for Ashok Nagar Chennai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Punjab And Sind Bank are available with micr code -

>>Ashok Nagar Chennai >>Cenmarg Chennai >>Chennai Adyar >>Chennai Mount Road >>Gorge Town Chennai >>Ibd Chennai >>Spl Lending Br Chennai >>Zonal Office Chennai

MICR code for Punjab And Sind Bank Ashok Nagar Chennai

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 Ashok Nagar Chennai 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. 0 is the MICR code of PSB Bank for Ashok Nagar Chennai branch. MICR code for Ashok Nagar Chennai 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 Ashok Nagar Chennai is presented in the table alongside.

Use of Punjab Sind Bank MICR code for Ashok Nagar Chennai branch in chennai

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ashok Nagar Chennai 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.