Punjab And Sind Bank Batala Gurdaspur Punjab MICR CODE

Find MICR Codes for Punjab And Sind Bank Batala Gurdaspur Punjab

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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	Basra Wan
Contact
Bank Details	Punjab And Sind Bank Basra Wan PSIB0021425

Location	Batala, Gurdaspur
City	Batala
District	Gurdaspur
State	Punjab
Pincode	143527
Country	IN
Address	Village barsawan,po barsawan,tehsil batala,distt gurdaspur-143527,punjab

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 Basra Wan 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, Basra Wan branch makes the system almost error free and faster. Use of Punjab Sind Bank MICR codes for Basra Wan branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Punjab And Sind Bank are available with micr code -

>>Bahadur Husain Usb >>Basra Wan >>Cinema Road Batala >>Dehr >>Ghoman >>Sarchur Usb >>Shankar Pura >>Sirah Usb >>Umarpura Batala Punjab >>Veela Teja

MICR code for Punjab And Sind Bank Basra Wan

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 Basra Wan 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 Basra Wan branch. MICR code for Basra Wan 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 Basra Wan is presented in the table alongside.

Use of Punjab Sind Bank MICR code for Basra Wan branch in batala

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