Punjab And Sind Bank Agra Agra Uttar Pradesh MICR CODE

Find MICR Codes for Punjab And Sind Bank Agra Agra Uttar Pradesh

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MICR Code
Bank Punjab And Sind Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch New Agra
Contact 2154724
Bank Details Punjab And Sind Bank New Agra PSIB0000391
Location Agra, Agra
City Agra
District Agra
State Uttar Pradesh
Pincode 282005
Country IN
Address Vrindavan bazar, dayal bagh road new agra-282005
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 282023003 for New Agra 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 282023003 of Punjab Sind Bank, New Agra branch makes the system almost error free and faster. Use of Punjab Sind Bank MICR codes for New Agra branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Punjab And Sind Bank are available with micr code -

>>Agra Ghatia Azam Khan Agra Mont School >>Hing Ki Mandi Agra >>Ibd Agra >>New Agra

MICR code for Punjab And Sind Bank New Agra

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 New Agra 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. 282023003 is the MICR code of PSB Bank for New Agra branch. MICR code for New Agra 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 New Agra is presented in the table alongside.

Use of Punjab Sind Bank MICR code for New Agra branch in agra

The MICR code 282023003 is used in RBI cheque clearing process to identify the branch New Agra 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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