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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	600023005
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	Chennai Adyar
Contact	044-24411508
Bank Details	Punjab And Sind Bank Chennai Adyar PSIB0000566

Location	Chennai, Chennai
City	Chennai
District	Chennai
State	Tamil Nadu
Pincode	600020
Country	IN
Address	36, first cross, kasturba nagar, adyar, chennai-600020

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 600023005 for Chennai Adyar 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 600023005 of Punjab Sind Bank, Chennai Adyar branch makes the system almost error free and faster. Use of Punjab Sind Bank MICR codes for Chennai Adyar 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 Chennai Adyar

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 Chennai Adyar 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. 600023005 is the MICR code of PSB Bank for Chennai Adyar branch. MICR code for Chennai Adyar 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 Chennai Adyar is presented in the table alongside.

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

The MICR code 600023005 is used in RBI cheque clearing process to identify the branch Chennai Adyar 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.