Let Others Know

Punjab And Sind Bank Coimbatore Coimbatore Tamil Nadu MICR CODE

Find MICR Codes for Punjab And Sind Bank Coimbatore Coimbatore Tamil Nadu

Bank
State
District
City
Branch
Address

MICR Code	641023002
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	Coimbatore
Contact	0422 2391628
Bank Details	Punjab And Sind Bank Coimbatore PSIB0000486

Location	Coimbatore, Coimbatore
City	Coimbatore
District	Coimbatore
State	Tamil Nadu
Pincode	641001
Country	IN
Address	435/434 oppankara str. Coimbatore, tamil nadu,pincode-641001

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 641023002 for Coimbatore 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 641023002 of Punjab Sind Bank, Coimbatore branch makes the system almost error free and faster. Use of Punjab Sind Bank MICR codes for Coimbatore 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 -

>>Coimbatore

MICR code for Punjab And Sind Bank Coimbatore

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 Coimbatore 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. 641023002 is the MICR code of PSB Bank for Coimbatore branch. MICR code for Coimbatore 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 Coimbatore is presented in the table alongside.

Use of Punjab Sind Bank MICR code for Coimbatore branch in coimbatore

The MICR code 641023002 is used in RBI cheque clearing process to identify the branch Coimbatore 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.