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Punjab And Sind Bank Jammu Jammu Jammu And Kashmir MICR CODE

Find MICR Codes for Punjab And Sind Bank Jammu Jammu Jammu And Kashmir

MICR Code
Bank Punjab And Sind Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nanak Nagar Jammu
Contact 2450993
Bank Details Punjab And Sind Bank Nanak Nagar Jammu PSIB0000731
Location Jammu, Jammu
City Jammu
District Jammu
State Jammu And Kashmir
Pincode
Country IN
Address Sec-1, near gurudwara building,nanak nagar,jammu
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 does MICR code 180023004 for Nanak Nagar Jammu 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 180023004 of Punjab Sind Bank, Nanak Nagar Jammu branch makes the system almost error free and faster. Use of Punjab Sind Bank MICR codes for Nanak Nagar Jammu branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Punjab And Sind Bank are available with micr code -

>>Jammu (Main) Shalimar Road >>Nanak Nagar Jammu

MICR code for Punjab And Sind Bank Nanak Nagar Jammu

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 Nanak Nagar Jammu 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. 180023004 is the MICR code of PSB Bank for Nanak Nagar Jammu branch. MICR code for Nanak Nagar Jammu 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 Nanak Nagar Jammu is presented in the table alongside.

Use of Punjab Sind Bank MICR code for Nanak Nagar Jammu branch in jammu

The MICR code 180023004 is used in RBI cheque clearing process to identify the branch Nanak Nagar Jammu 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.