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Punjab And Sind Bank Rewari Rewari Haryana MICR CODE

Find MICR Codes for Punjab And Sind Bank Rewari Rewari Haryana

Bank Punjab And Sind Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rewari Haryana
Contact 01274-224344
Bank Details Punjab And Sind Bank Rewari Haryana PSIB0000914
Location Rewari, Rewari
City Rewari
District Rewari
State Haryana
Pincode 123401
Country IN
Address Sco-5 brass market,rewari,haryana-123401
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 123023002 for Rewari Haryana 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 123023002 of Punjab Sind Bank, Rewari Haryana branch makes the system almost error free and faster. Use of Punjab Sind Bank MICR codes for Rewari Haryana branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Punjab And Sind Bank are available with micr code -

>>Rewari Haryana

MICR code for Punjab And Sind Bank Rewari Haryana

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 Rewari Haryana 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. 123023002 is the MICR code of PSB Bank for Rewari Haryana branch. MICR code for Rewari Haryana 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 Rewari Haryana is presented in the table alongside.

Use of Punjab Sind Bank MICR code for Rewari Haryana branch in rewari

The MICR code 123023002 is used in RBI cheque clearing process to identify the branch Rewari Haryana 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.