Punjab And Sind Bank Amethi Sultanpur Uttar Pradesh MICR CODE

Find MICR Codes for Punjab And Sind Bank Amethi Sultanpur Uttar Pradesh

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MICR Code
Bank Punjab And Sind Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Amethi
Contact
Bank Details Punjab And Sind Bank Amethi PSIB0021024
Location Amethi, Sultanpur
City Amethi
District Sultanpur
State Uttar Pradesh
Pincode 227405
Country IN
Address Ambedkar tiraha, tehsil ganga ganj, amethi, sultanpur 227405
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 Amethi 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, Amethi branch makes the system almost error free and faster. Use of Punjab Sind Bank MICR codes for Amethi 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 -

>>Amethi

MICR code for Punjab And Sind Bank Amethi

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 Amethi 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 Amethi branch. MICR code for Amethi 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 Amethi is presented in the table alongside.

Use of Punjab Sind Bank MICR code for Amethi branch in amethi

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