Punjab And Sind Bank Arrah Bhojpur Bihar MICR CODE

Find MICR Codes for Punjab And Sind Bank Arrah Bhojpur Bihar

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MICR Code
Bank Punjab And Sind Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Arrah
Contact 7684027341
Bank Details Punjab And Sind Bank Arrah PSIB0021529
Location Arrah, Bhojpur
City Arrah
District Bhojpur
State Bihar
Pincode 802301
Country IN
Address Ward no. 10, old police line more, po arrah, distt. Bhojpur, bihar  802301
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 Arrah 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, Arrah branch makes the system almost error free and faster. Use of Punjab Sind Bank MICR codes for Arrah 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 -

>>Arrah

MICR code for Punjab And Sind Bank Arrah

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

Use of Punjab Sind Bank MICR code for Arrah branch in arrah

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