Punjab And Sind Bank Cuttack Cuttack Orissa MICR CODE

Find MICR Codes for Punjab And Sind Bank Cuttack Cuttack Orissa

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MICR Code	753023002
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	Cuttack
Contact	0671 2619893
Bank Details	Punjab And Sind Bank Cuttack PSIB0000343

Location	Cuttack, Cuttack
City	Cuttack
District	Cuttack
State	Orissa
Pincode	753002
Country	IN
Address	Post box no. 504 bajrakabati road cuttak-753002

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 753023002 for Cuttack 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 753023002 of Punjab Sind Bank, Cuttack branch makes the system almost error free and faster. Use of Punjab Sind Bank MICR codes for Cuttack branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Punjab And Sind Bank are available with micr code -

>>Cuttack >>Dav Public Sch Cuttack >>Erancha >>Paramahansa

MICR code for Punjab And Sind Bank Cuttack

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 Cuttack 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. 753023002 is the MICR code of PSB Bank for Cuttack branch. MICR code for Cuttack 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 Cuttack is presented in the table alongside.

Use of Punjab Sind Bank MICR code for Cuttack branch in cuttack

The MICR code 753023002 is used in RBI cheque clearing process to identify the branch Cuttack 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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