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Punjab And Sind Bank Dewas Dewas Madhya Pradesh MICR CODE

Find MICR Codes for Punjab And Sind Bank Dewas Dewas Madhya Pradesh

MICR Code
Bank Punjab And Sind Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Choba Pipaliya
Contact
Bank Details Punjab And Sind Bank Choba Pipaliya PSIB0021459
Location Dewas, Dewas
City Dewas
District Dewas
State Madhya Pradesh
Pincode 455221
Country IN
Address Near government high school,main road,choba pipaliya,distt dewas,madhya pradesh -455221
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 dewas

You can search through MICR Codes of Madhya Pradesh branches in dewas of District dewas in Madhya Pradesh 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 -

>>Choba Pipaliya

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

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

Punjab Sind Bank MICR code in dewas

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