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Punjab And Sind Bank Paschimi Singhbhum Chaibasa Jharkhand MICR CODE

Find MICR Codes for Punjab And Sind Bank Paschimi Singhbhum Chaibasa Jharkhand

MICR Code
Bank Punjab And Sind Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chaibasa
Contact 9470376857
Bank Details Punjab And Sind Bank Chaibasa PSIB0021431
Location Paschimi Singhbhum, Chaibasa
City Paschimi Singhbhum
District Chaibasa
State Jharkhand
Pincode 833201
Country IN
Address Bara nimdih, post chaibasa, distt west singhbhum, jharkhand - 833201
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 chaibasa

You can search through MICR Codes of Jharkhand branches in paschimi singhbhum of District chaibasa in Jharkhand 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 -

>>Chaibasa

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

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

Punjab Sind Bank MICR code in paschimi singhbhum

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