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Punjab And Sind Bank Ahmedabad Ahmedabad Gujarat MICR CODE

Find MICR Codes for Punjab And Sind Bank Ahmedabad Ahmedabad Gujarat

Bank
State
District
City
Branch
Address

MICR Code	380023003
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	Reid Road Ahmedabad
Contact	079 2145878
Bank Details	Punjab And Sind Bank Reid Road Ahmedabad PSIB0000476

Location	Ahmedabad, Ahmedabad
City	Ahmedabad
District	Ahmedabad
State	Gujarat
Pincode	380002
Country	IN
Address	P.b.no 1091, railway pura, reid road ahmedabad,gujarat-380002

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 380023003 for Reid Road Ahmedabad 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 380023003 of Punjab Sind Bank, Reid Road Ahmedabad branch makes the system almost error free and faster. Use of Punjab Sind Bank MICR codes for Reid Road Ahmedabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Punjab And Sind Bank are available with micr code -

>>Chandkheda Ahmedabad >>Gandhi Road Ahmedabad >>Odhav Ahmedabad >>Reid Road Ahmedabad >>Vatva Ahmedabad

MICR code for Punjab And Sind Bank Reid Road Ahmedabad

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 Reid Road Ahmedabad 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. 380023003 is the MICR code of PSB Bank for Reid Road Ahmedabad branch. MICR code for Reid Road Ahmedabad 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 Reid Road Ahmedabad is presented in the table alongside.

Use of Punjab Sind Bank MICR code for Reid Road Ahmedabad branch in ahmedabad

The MICR code 380023003 is used in RBI cheque clearing process to identify the branch Reid Road Ahmedabad 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.