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Punjab And Sind Bank Nawanshahr Nawanshahar Punjab MICR CODE

Find MICR Codes for Punjab And Sind Bank Nawanshahr Nawanshahar Punjab

Bank Punjab And Sind Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nawan Shahar Mandi
Contact 9888021464
Bank Details Punjab And Sind Bank Nawan Shahar Mandi PSIB0021406
Location Nawanshahr, Nawanshahar
City Nawanshahr
District Nawanshahar
State Punjab
Pincode 144514
Country IN
Address New grain market, city nawan shahar, distt nawanshahar, pb 144514
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 nawanshahar

You can search through MICR Codes of Punjab branches in nawanshahr of District nawanshahar in Punjab 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 -

>>Nawan Shahar Mandi

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

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

Punjab Sind Bank MICR code in nawanshahr

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