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Punjab And Sind Bank Shivpuri Shivpuri Madhya Pradesh MICR CODE

Find MICR Codes for Punjab And Sind Bank Shivpuri Shivpuri Madhya Pradesh

Bank Punjab And Sind Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shivpuri Madhya Pradesh
Contact 07492 233369
Bank Details Punjab And Sind Bank Shivpuri Madhya Pradesh PSIB0000492
Location Shivpuri, Shivpuri
City Shivpuri
District Shivpuri
State Madhya Pradesh
Pincode 473551
Country IN
Address Madhav chowk ab road, shivpuri, madhya pradesh-473551
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 shivpuri

You can search through MICR Codes of Madhya Pradesh branches in shivpuri of District shivpuri in Madhya Pradesh 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 -

>>Shivpuri Madhya Pradesh

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

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

Punjab Sind Bank MICR code in shivpuri

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