Punjab And Sind Bank Imphal Imphal Manipur MICR CODE

Find MICR Codes for Punjab And Sind Bank Imphal Imphal Manipur

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MICR Code
Bank Punjab And Sind Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Deulah Land Manipur
Contact 0385-320205
Bank Details Punjab And Sind Bank Deulah Land Manipur PSIB0000675
Location Imphal, Imphal
City Imphal
District Imphal
State Manipur
Pincode 795001
Country IN
Address Stadium road, deulah land,imphal,manipur-795001
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 Deulah Land Manipur 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, Deulah Land Manipur branch makes the system almost error free and faster. Use of Punjab Sind Bank MICR codes for Deulah Land Manipur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Punjab And Sind Bank are available with micr code -

>>Deulah Land Manipur >>Imphal

MICR code for Punjab And Sind Bank Deulah Land Manipur

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 Deulah Land Manipur 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 Deulah Land Manipur branch. MICR code for Deulah Land Manipur 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 Deulah Land Manipur is presented in the table alongside.

Use of Punjab Sind Bank MICR code for Deulah Land Manipur branch in imphal

The MICR code 0 is used in RBI cheque clearing process to identify the branch Deulah Land Manipur 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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