Punjab And Sind Bank Ludhiana Ludhiana Punjab MICR CODE

Find MICR Codes for Punjab And Sind Bank Ludhiana Ludhiana Punjab

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MICR Code
Bank Punjab And Sind Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ludhiana Agri. Hi Tech Branch
Contact
Bank Details Punjab And Sind Bank Ludhiana Agri. Hi Tech Branch PSIB0000720
Location Ludhiana, Ludhiana
City Ludhiana
District Ludhiana
State Punjab
Pincode 141001
Country IN
Address Agri-hi-tech branch, opp. Milk plant, ferozepur road, ludhiana, punjab
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 Ludhiana Agri. Hi Tech Branch 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, Ludhiana Agri. Hi Tech Branch branch makes the system almost error free and faster. Use of Punjab Sind Bank MICR codes for Ludhiana Agri. Hi Tech Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Punjab And Sind Bank Ludhiana Agri. Hi Tech Branch

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 Ludhiana Agri. Hi Tech Branch 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 Ludhiana Agri. Hi Tech Branch branch. MICR code for Ludhiana Agri. Hi Tech Branch 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 Ludhiana Agri. Hi Tech Branch is presented in the table alongside.

Use of Punjab Sind Bank MICR code for Ludhiana Agri. Hi Tech Branch branch in ludhiana

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ludhiana Agri. Hi Tech Branch 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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