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Punjab And Sind Bank Bharatpur Bharatpur Rajasthan MICR CODE

Find MICR Codes for Punjab And Sind Bank Bharatpur Bharatpur Rajasthan

MICR Code
Bank Punjab And Sind Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bharatpur
Contact 05644-238667
Bank Details Punjab And Sind Bank Bharatpur PSIB0000339
Location Bharatpur, Bharatpur
City Bharatpur
District Bharatpur
State Rajasthan
Pincode 321001
Country IN
Address Station road, bharatpur, rajasthan-321001
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 Bharatpur 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, Bharatpur branch makes the system almost error free and faster. Use of Punjab Sind Bank MICR codes for Bharatpur branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Bharatpur

MICR code for Punjab And Sind Bank Bharatpur

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 Bharatpur 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 Bharatpur branch. MICR code for Bharatpur 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 Bharatpur is presented in the table alongside.

Use of Punjab Sind Bank MICR code for Bharatpur branch in bharatpur

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