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Punjab And Sind Bank Kottayam Kottayam Kerala MICR CODE

Find MICR Codes for Punjab And Sind Bank Kottayam Kottayam Kerala

MICR Code
Bank Punjab And Sind Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kottayam
Contact 2565481
Bank Details Punjab And Sind Bank Kottayam PSIB0021540
Location Kottayam, Kottayam
City Kottayam
District Kottayam
State Kerala
Pincode 686001
Country IN
Address Kmc xll/125, cheriyilarcade, kurians road, taluka - kottayam, kerala - 686001
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 kottayam

You can search through MICR Codes of Kerala branches in kottayam of District kottayam in Kerala 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 -

>>Kottayam

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

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

Punjab Sind Bank MICR code in kottayam

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