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Punjab And Sind Bank Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for Punjab And Sind Bank Delhi New Delhi New Delhi

MICR Code
Bank Punjab And Sind Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Delhi Chandni Chowk
Contact 011-23862751/23860470
Bank Details Punjab And Sind Bank Delhi Chandni Chowk PSIB0000007
Location Delhi, New Delhi
City Delhi
District New Delhi
State New Delhi
Pincode 110006
Country IN
Address Fountain chandni chowk delhi-110006
MICR Code
Bank Punjab And Sind Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Karol Bagh
Contact
Bank Details Punjab And Sind Bank Karol Bagh PSIB0000010
Location Delhi, New Delhi
City Delhi
District New Delhi
State New Delhi
Pincode 110005
Country IN
Address Hardhian singh road, karol bagh n.delhi 110005
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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 to find MICR codes for Punjab And Sind Bank in delhi?

Punjab And Sind Bank delhi 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 delhi, one can further search by branch name specified in the table. You can find MICR codes for all Punjab And Sind Bank delhi branches.

Punjab Sind Bank MICR code in delhi

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 delhi 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 delhi, 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 delhi 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 delhi 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 delhi branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of PSB Bank MICR codes for delhi branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!