MICR Code Bank
Find MICR code for Punjab And Sind Bank Jalandhar Defence Colony branches in India for NEFT and RTGS transfer

Punjab And Sind Bank Jalandhar Defence Colony MICR CODE

Find MICR Codes for Punjab And Sind Bank Jalandhar Defence Colony

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  1. Punjab And Sind Bank »
  2. Punjab »
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  5. jalandhar defence colony (layalpur khalsa college) punjab

Find MICR Codes for Punjab And Sind Bank Jalandhar Defence Colony

MICR Code: 144023021
Bank: Punjab And Sind Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Jalandhar Defence Colony (Layalpur Khalsa College) Punjab
Contact: 0181-5021373
Bank Details: Punjab And Sind Bank Jalandhar Defence Colony (Layalpur Khalsa College) Punjab PSIB0000714
Location: Jalandhar, Jalandhar
City: Jalandhar
District: Jalandhar
State: Punjab
Pincode: 144001
Country: IN
Address: 109-110 defence colony, jalandhar, punjab-144001

How does MICR code for jalandhar defence colony 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 of Punjab Sind Bank, jalandhar defence colony branch makes the system almost error free and faster. Use of Punjab Sind Bank MICR codes for jalandhar defence colony branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Punjab And Sind Bank jalandhar defence colony

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 jalandhar defence colony 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. is the MICR code of PSB Bank for jalandhar defence colony branch. MICR code for jalandhar defence colony 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 jalandhar defence colony is presented in the table alongside.

Use of Punjab Sind Bank MICR code for jalandhar defence colony branch in jalandhar

The MICR code is used in RBI cheque clearing process to identify the branch jalandhar defence colony 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.