Punjab And Sind Bank Guwahati Kamrup Metropolitan Assam MICR CODE

Find MICR Codes for Punjab And Sind Bank Guwahati Kamrup Metropolitan Assam

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MICR Code
Bank Punjab And Sind Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Fancy Bazar Guwahati
Contact 0361 2544060
Bank Details Punjab And Sind Bank Fancy Bazar Guwahati PSIB0000304
Location Guwahati, Kamrup Metropolitan
City Guwahati
District Kamrup Metropolitan
State Assam
Pincode 781001
Country IN
Address Fancy bazar,lohia market, guwahati,assam-781001
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 781023002 for Fancy Bazar Guwahati 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 781023002 of Punjab Sind Bank, Fancy Bazar Guwahati branch makes the system almost error free and faster. Use of Punjab Sind Bank MICR codes for Fancy Bazar Guwahati branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Punjab And Sind Bank are available with micr code -

>>Fancy Bazar Guwahati >>Maligaon Guwahati >>Rajgarh Road Guwahati

MICR code for Punjab And Sind Bank Fancy Bazar Guwahati

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 Fancy Bazar Guwahati 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. 781023002 is the MICR code of PSB Bank for Fancy Bazar Guwahati branch. MICR code for Fancy Bazar Guwahati 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 Fancy Bazar Guwahati is presented in the table alongside.

Use of Punjab Sind Bank MICR code for Fancy Bazar Guwahati branch in guwahati

The MICR code 781023002 is used in RBI cheque clearing process to identify the branch Fancy Bazar Guwahati 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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