Punjab And Sind Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for Punjab And Sind Bank Chennai Chennai Tamil Nadu

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MICR Code
Bank Punjab And Sind Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gorge Town Chennai
Contact 044-25342562/25342016
Bank Details Punjab And Sind Bank Gorge Town Chennai PSIB0000429
Location Chennai, Chennai
City Chennai
District Chennai
State Tamil Nadu
Pincode
Country IN
Address 165,thambu chetty street,post box no.1955,george town, chennai
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 600023004 for Gorge Town Chennai 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 600023004 of Punjab Sind Bank, Gorge Town Chennai branch makes the system almost error free and faster. Use of Punjab Sind Bank MICR codes for Gorge Town Chennai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Punjab And Sind Bank are available with micr code -

>>Ashok Nagar Chennai >>Cenmarg Chennai >>Chennai Adyar >>Chennai Mount Road >>Gorge Town Chennai >>Ibd Chennai >>Spl Lending Br Chennai >>Zonal Office Chennai

MICR code for Punjab And Sind Bank Gorge Town Chennai

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 Gorge Town Chennai 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. 600023004 is the MICR code of PSB Bank for Gorge Town Chennai branch. MICR code for Gorge Town Chennai 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 Gorge Town Chennai is presented in the table alongside.

Use of Punjab Sind Bank MICR code for Gorge Town Chennai branch in chennai

The MICR code 600023004 is used in RBI cheque clearing process to identify the branch Gorge Town Chennai 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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