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Punjab And Sind Bank Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for Punjab And Sind Bank Delhi New Delhi New Delhi

Bank
State
District
City
Branch
Address

MICR Code	110023008
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	Nehru Place
Contact
Bank Details	Punjab And Sind Bank Nehru Place PSIB0000388

Location	Delhi, New Delhi
City	Delhi
District	New Delhi
State	New Delhi
Pincode	110019
Country	IN
Address	91 nehru place, 109 bhandari house, n.delhi-19

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 110023008 for Nehru Place 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 110023008 of Punjab Sind Bank, Nehru Place branch makes the system almost error free and faster. Use of Punjab Sind Bank MICR codes for Nehru Place branch, makes the characters readable even if there are other marks and stamps on it.

A total of 45 branches of Punjab And Sind Bank are available with micr code -

>>Anand Vihar >>Anand Vihar >>Azadpur >>Babarpur >>Bikrikar Bhawan New Delhi >>Defence Colony >>Delhi Adharshila Vidyapeeth Pitam >>Delhi Chandni Chowk >>Delhi Gujranwala Town >>Delhi Roshanara Road >>Green Park Extn. >>H Block New Delhi >>Heart And Lung Inst. >>Hemkunt Colony >>Ibd New Delhi >>Ifb New Delhi >>Janakpuri >>Janpath >>Kailash Colony >>Karol Bagh >>Krishna Ngr >>Madanpur Khadar >>Maya Puri >>N.Delhi Mansoravar Garden >>N.Delhi Santpura >>N.Freinds Colony >>Naraina >>Nehru Place >>New Delhi Asaf Ali Road >>New Delhi Ec Jankpuri >>New Delhi Guru Gobind Singh Indra >>New Delhi Jangpura Extension >>New Delhi M 14 Connaught Circus >>New Delhi Vasant Vihar >>Paharganj >>Paschim Vihar >>Pira Garhi >>Purana Quila >>Pushpanjali Enclave Pitampura >>Rajendra Place New Delhi >>Safdarjung Enclave >>Shalimar Bagh >>Sidharatha Enclave >>Tilak Nagar >>West Patel Nagar

MICR code for Punjab And Sind Bank Nehru Place

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 Nehru Place 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. 110023008 is the MICR code of PSB Bank for Nehru Place branch. MICR code for Nehru Place 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 Nehru Place is presented in the table alongside.

Use of Punjab Sind Bank MICR code for Nehru Place branch in delhi

The MICR code 110023008 is used in RBI cheque clearing process to identify the branch Nehru Place 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.