Punjab And Sind Bank Vadodra Vadodra Gujarat MICR CODE

Find MICR Codes for Punjab And Sind Bank Vadodra Vadodra Gujarat

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MICR Code
Bank Punjab And Sind Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Channi Road Vadodra
Contact 265-7838517031
Bank Details Punjab And Sind Bank Channi Road Vadodra PSIB0021571
Location Vadodra, Vadodra
City Vadodra
District Vadodra
State Gujarat
Pincode 390024
Country IN
Address Punjab and sind bank shop no gf 1 2 3 and 11 12 13 prayosha complex channi road channi jakat naka near bob channi vadodra gujarat 390024
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 390023003 for Channi Road Vadodra 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 390023003 of Punjab Sind Bank, Channi Road Vadodra branch makes the system almost error free and faster. Use of Punjab Sind Bank MICR codes for Channi Road Vadodra 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 -

>>Channi Road Vadodra

MICR code for Punjab And Sind Bank Channi Road Vadodra

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 Channi Road Vadodra 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. 390023003 is the MICR code of PSB Bank for Channi Road Vadodra branch. MICR code for Channi Road Vadodra 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 Channi Road Vadodra is presented in the table alongside.

Use of Punjab Sind Bank MICR code for Channi Road Vadodra branch in vadodra

The MICR code 390023003 is used in RBI cheque clearing process to identify the branch Channi Road Vadodra 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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