Punjab And Sind Bank Ahmedabad Shela Gujarat MICR CODE

Find MICR Codes for Punjab And Sind Bank Ahmedabad Shela Gujarat

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State
District
City
Branch
Address

MICR Code	-NA-
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	Shela
Contact	79-9825589802
Bank Details	Punjab And Sind Bank Shela PSIB0021792

Location	Ahmedabad, Shela
City	Ahmedabad
District	Shela
State	Gujarat
Pincode	380058
Country	IN
Address	Punjab and sind bank, shop no. 2 and 3, turquoise greenz, shela, ahmedabad, gujarat- 380058

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 0 for Shela 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 0 of Punjab Sind Bank, Shela branch makes the system almost error free and faster. Use of Punjab Sind Bank MICR codes for Shela 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 -

>>Shela

MICR code for Punjab And Sind Bank Shela

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 Shela 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. 0 is the MICR code of PSB Bank for Shela branch. MICR code for Shela 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 Shela is presented in the table alongside.

Use of Punjab Sind Bank MICR code for Shela branch in ahmedabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Shela 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.

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