Let Others Know
×
LinkedIn
Email
WhatsApp

Punjab And Sind Bank Balasore Baleshwar Orissa MICR CODE

Find MICR Codes for Punjab And Sind Bank Balasore Baleshwar Orissa

MICR Code
Bank Punjab And Sind Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Balasore
Contact 0671 2619893
Bank Details Punjab And Sind Bank Balasore PSIB0020943
Location Balasore, Baleshwar
City Balasore
District Baleshwar
State Orissa
Pincode 756001
Country IN
Address Balasore, distt. Baleshwar, orrisa
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 And Sind Bank MICR Codes in baleshwar

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

A total of 1 branches of Punjab And Sind Bank are available with micr code -

>>Balasore

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

Punjab And Sind Bank balasore 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 balasore, one can further search by branch name specified in the table. You can find MICR codes for all Punjab And Sind Bank balasore branches.

Punjab Sind Bank MICR code in balasore

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