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Punjab And Sind Bank Hyderabad Hyderabad Telangana MICR CODE

Find MICR Codes for Punjab And Sind Bank Hyderabad Hyderabad Telangana

MICR Code
Bank Punjab And Sind Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Specialized Asset Recovery Branch
Contact 24753355
Bank Details Punjab And Sind Bank Specialized Asset Recovery Branch PSIB0021558
Location Hyderabad, Hyderabad
City Hyderabad
District Hyderabad
State Telangana
Pincode 500001
Country IN
Address Metro estate, 7, abids road, hyderabad, telangana -500001
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 hyderabad

You can search through MICR Codes of Telangana branches in hyderabad of District hyderabad in Telangana 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 -

>>Specialized Asset Recovery Branch

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

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

Punjab Sind Bank MICR code in hyderabad

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