Punjab And Sind Bank Patiala Bhunerheri Punjab MICR CODE

Find MICR Codes for Punjab And Sind Bank Patiala Bhunerheri Punjab

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MICR Code
Bank Punjab And Sind Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhunerheri
Contact 175-2633233
Bank Details Punjab And Sind Bank Bhunerheri PSIB0000063
Location Patiala, Bhunerheri
City Patiala
District Bhunerheri
State Punjab
Pincode 147003
Country IN
Address Bhunerheri, distt. Patiala , punjab - 147003
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 Bhunerheri 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, Bhunerheri branch makes the system almost error free and faster. Use of Punjab Sind Bank MICR codes for Bhunerheri 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 -

>>Bhunerheri

MICR code for Punjab And Sind Bank Bhunerheri

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

Use of Punjab Sind Bank MICR code for Bhunerheri branch in patiala

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