Punjab And Sind Bank Nandyal Nandyal Andhra Pradesh MICR CODE

Find MICR Codes for Punjab And Sind Bank Nandyal Nandyal Andhra Pradesh

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MICR Code	-NA-
Bank	Punjab And Sind Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nandyal
Contact	8689-8074355513
Bank Details	Punjab And Sind Bank Nandyal PSIB0021664

Location	Nandyal, Nandyal
City	Nandyal
District	Nandyal
State	Andhra Pradesh
Pincode	518501
Country	IN
Address	28/684-26-a-1, padmavathi nagar , nandyal town, nandyal district, andhra pradesh-518501

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 0 for Nandyal 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 0 of Punjab Sind Bank, Nandyal branch makes the system almost error free and faster. Use of Punjab Sind Bank MICR codes for Nandyal branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Punjab And Sind Bank are available with micr code -

>>Nandyal

MICR code for Punjab And Sind Bank Nandyal

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 Nandyal 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. 0 is the MICR code of PSB Bank for Nandyal branch. MICR code for Nandyal 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 Nandyal is presented in the table alongside.

Use of Punjab Sind Bank MICR code for Nandyal branch in nandyal

The MICR code 0 is used in RBI cheque clearing process to identify the branch Nandyal 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.

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