Punjab And Sind Bank Nakodar Jalandhar Punjab MICR CODE

Find MICR Codes for Punjab And Sind Bank Nakodar Jalandhar 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 Nakodar Distt. Jalandhar Punjab
Contact 01821 220081
Bank Details Punjab And Sind Bank Nakodar Distt. Jalandhar Punjab PSIB0000113
Location Nakodar, Jalandhar
City Nakodar
District Jalandhar
State Punjab
Pincode 141310
Country IN
Address Opposite bus stand, nakodar, distt. Jalandhar, punjab-141310
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 Nakodar Distt. Jalandhar Punjab 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, Nakodar Distt. Jalandhar Punjab branch makes the system almost error free and faster. Use of Punjab Sind Bank MICR codes for Nakodar Distt. Jalandhar Punjab branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Punjab And Sind Bank are available with micr code -

>>Bhodhipur Usb >>Nakodar Distt. Jalandhar Punjab

MICR code for Punjab And Sind Bank Nakodar Distt. Jalandhar Punjab

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 Nakodar Distt. Jalandhar Punjab 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 Nakodar Distt. Jalandhar Punjab branch. MICR code for Nakodar Distt. Jalandhar Punjab 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 Nakodar Distt. Jalandhar Punjab is presented in the table alongside.

Use of Punjab Sind Bank MICR code for Nakodar Distt. Jalandhar Punjab branch in nakodar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Nakodar Distt. Jalandhar Punjab 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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