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Punjab And Sind Bank Danapur Patna Bihar MICR CODE

Find MICR Codes for Punjab And Sind Bank Danapur Patna Bihar

MICR Code
Bank Punjab And Sind Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Danapur
Contact 8406931335
Bank Details Punjab And Sind Bank Danapur PSIB0021517
Location Danapur, Patna
City Danapur
District Patna
State Bihar
Pincode 801105
Country IN
Address Punjab & sind bank, choti badalpura, market road, po khagaul, city danapur, distt patna, bihar - 801105
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.

Search Punjab And Sind Bank MICR Codes in patna

You can search through MICR Codes of Bihar branches in danapur of District patna in Bihar State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Punjab And Sind Bank are available with micr code -

>>Danapur

How to find MICR codes for Punjab And Sind Bank in danapur?

Punjab And Sind Bank danapur MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Punjab Sind Bank MICR codes list for danapur, one can further search by branch name specified in the table. You can find MICR codes for all Punjab And Sind Bank danapur branches.

Punjab Sind Bank MICR code in danapur

Punjab And Sind Bank MICR code is a character recognition technology used by banks in the processing of cheques. Punjab Sind Bank MICR code for danapur branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for PSB Bank branches in danapur, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does PSB Bank MICR code for danapur branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Punjab And Sind Bank danapur branch, sprinted 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. Thus MICR code for Punjab Sind Bank danapur branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of PSB Bank MICR codes for danapur branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!