Punjab And Sind Bank New Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for Punjab And Sind Bank New Delhi New Delhi New Delhi

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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	Financial Inclusion Cell
Contact	11-9357596536
Bank Details	Punjab And Sind Bank Financial Inclusion Cell PSIB0009030

Location	New Delhi, New Delhi
City	New Delhi
District	New Delhi
State	New Delhi
Pincode
Country	IN
Address	Ground floor nbcc office complex block 3 plate b new delhi

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

A total of 12 branches of Punjab And Sind Bank are available with micr code -

>>Account And Audit Department >>Cppc Cell >>Financial Inclusion Cell >>Hrd >>Inspection Department >>Mis Cell >>Premises Department >>Recociliation Department >>Samvert Stressed Asset Management Vertical >>Stationary Department >>Stc New Delhi >>Vikas Puri Delhi

MICR code for Punjab And Sind Bank Financial Inclusion Cell

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 Financial Inclusion Cell 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 Financial Inclusion Cell branch. MICR code for Financial Inclusion Cell 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 Financial Inclusion Cell is presented in the table alongside.

Use of Punjab Sind Bank MICR code for Financial Inclusion Cell branch in new delhi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Financial Inclusion Cell 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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