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Punjab And Sind Bank Raurkela Sundargarh Orissa MICR CODE

Find MICR Codes for Punjab And Sind Bank Raurkela Sundargarh Orissa

MICR Code
Bank Punjab And Sind Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rourkella
Contact
Bank Details Punjab And Sind Bank Rourkella PSIB0021240
Location Raurkela, Sundargarh
City Raurkela
District Sundargarh
State Orissa
Pincode 769004
Country IN
Address Area no 7 & 8, civil township (building no c/9) biharijee kunj, p.s.raghunathpurrourkella, distt sundergarh-  odisha- 769004
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 sundargarh

You can search through MICR Codes of Orissa branches in raurkela of District sundargarh in Orissa 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 -

>>Rourkella

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

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

Punjab Sind Bank MICR code in raurkela

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