Punjab And Sind Bank Delhi Delhi New Delhi MICR CODE

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

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MICR Code	110023102
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	Mata Gujri School G K I New Delhi
Contact	011-29237047
Bank Details	Punjab And Sind Bank Mata Gujri School G K I New Delhi PSIB0000904

Location	Delhi, Delhi
City	Delhi
District	Delhi
State	New Delhi
Pincode	110048
Country	IN
Address	Gurudwara sri guru singh sabha,c-block greater kailash-i,new delhi-110048

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.

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Mata Gujri School G K I New Delhi (110023102)

How does MICR code 110023102 for Mata Gujri School G K I New Delhi 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 110023102 of Punjab Sind Bank, Mata Gujri School G K I New Delhi branch makes the system almost error free and faster. Use of Punjab Sind Bank MICR codes for Mata Gujri School G K I New Delhi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 73 branches of Punjab And Sind Bank are available with micr code -

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MICR code for Punjab And Sind Bank Mata Gujri School G K I New Delhi

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 Mata Gujri School G K I New Delhi 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. 110023102 is the MICR code of PSB Bank for Mata Gujri School G K I New Delhi branch. MICR code for Mata Gujri School G K I New Delhi 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 Mata Gujri School G K I New Delhi is presented in the table alongside.

Use of Punjab Sind Bank MICR code for Mata Gujri School G K I New Delhi branch in delhi

The MICR code 110023102 is used in RBI cheque clearing process to identify the branch Mata Gujri School G K I New Delhi 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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