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Punjab And Sind Bank Jodhpur Jodhpur Rajasthan MICR CODE

Find MICR Codes for Punjab And Sind Bank Jodhpur Jodhpur Rajasthan

MICR Code
Bank Punjab And Sind Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chopasni Road Jodhpur
Contact 0291 2434054
Bank Details Punjab And Sind Bank Chopasni Road Jodhpur PSIB0000221
Location Jodhpur, Jodhpur
City Jodhpur
District Jodhpur
State Rajasthan
Pincode 342003
Country IN
Address Chopasani road,jodhpur,rajasthan-342003
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 342023002 for Chopasni Road Jodhpur 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 342023002 of Punjab Sind Bank, Chopasni Road Jodhpur branch makes the system almost error free and faster. Use of Punjab Sind Bank MICR codes for Chopasni Road Jodhpur 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 -

>>Chopasni Road Jodhpur >>Jodhpur Sojati Gate Gurdwara S.G.S.S. >>Rampura Bhatia

MICR code for Punjab And Sind Bank Chopasni Road Jodhpur

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 Chopasni Road Jodhpur 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. 342023002 is the MICR code of PSB Bank for Chopasni Road Jodhpur branch. MICR code for Chopasni Road Jodhpur 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 Chopasni Road Jodhpur is presented in the table alongside.

Use of Punjab Sind Bank MICR code for Chopasni Road Jodhpur branch in jodhpur

The MICR code 342023002 is used in RBI cheque clearing process to identify the branch Chopasni Road Jodhpur 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.