Punjab And Sind Bank Amritsar Baba Bakala Punjab MICR CODE

Find MICR Codes for Punjab And Sind Bank Amritsar Baba Bakala Punjab

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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	Bhinder
Contact	91-9417458109
Bank Details	Punjab And Sind Bank Bhinder PSIB0021135

Location	Amritsar, Baba Bakala
City	Amritsar
District	Baba Bakala
State	Punjab
Pincode	143112
Country	IN
Address	Vill bhinder baba bakala distt amritsar pb 143112

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

A total of 3 branches of Punjab And Sind Bank are available with micr code -

>>Baba Bakala >>Bhinder >>Village Mehta Chowk

MICR code for Punjab And Sind Bank Bhinder

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

Use of Punjab Sind Bank MICR code for Bhinder branch in amritsar

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

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