Punjab State Coop Bank Chandigarh Chandigarh Punjab MICR CODE

Find MICR Codes for Punjab State Coop Bank Chandigarh Chandigarh Punjab

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MICR Code	-NA-
Bank	The Punjab State Cooperative Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Neft Service Branch
Contact	172-5067018
Bank Details	The Punjab State Cooperative Bank Ltd Neft Service Branch TPSC00000SC

Location	Chandigarh, Chandigarh
City	Chandigarh
District	Chandigarh
State	Punjab
Pincode
Country	IN
Address	Sco.175-187, sector-34a

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 Neft Service Branch 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 State Coop Bank, Neft Service Branch branch makes the system almost error free and faster. Use of Punjab State Coop Bank MICR codes for Neft Service Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 21 branches of The Punjab State Cooperative Bank Ltd are available with micr code -

>>Branch Office Eight >>Branch Office Forty >>Branch Office Fortyfour >>Branch Office Fortyseven >>Branch Office Main Sectt >>Branch Office Manimajra >>Branch Office Ram Darbar >>Branch Office Seventeen >>Branch Office Thirty >>Branch Office Thirtyeight >>Branch Office Thirtyfive >>Branch Office Thirtyfour >>Branch Office Thirtyseven >>Branch Office Thirtysix >>Branch Office Thirtytwo >>Branch Office Twentyseven >>Branch Office Twentytwo >>Head Office Branch >>Mini Sectt Extn Counter >>Neft Service Branch >>Rtgsho

MICR code for Punjab State Coop Bank Neft Service Branch

Punjab State Coop Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Punjab State Coop Bank MICR code for Neft Service Branch 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 Punjab State Coop Bank for Neft Service Branch branch. MICR code for Neft Service Branch 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 State Coop Bank Neft Service Branch is presented in the table alongside.

Use of Punjab State Coop Bank MICR code for Neft Service Branch branch in chandigarh

The MICR code 0 is used in RBI cheque clearing process to identify the branch Neft Service Branch and Punjab State Coop 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 Punjab State Coop Bank is typically in either of these two font’s: E-138 and CMC-7.

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