Punjab And Sind Bank Sahibabad Ghaziabad Uttar Pradesh MICR CODE

Find MICR Codes for Punjab And Sind Bank Sahibabad Ghaziabad Uttar Pradesh

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MICR Code	110023062
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	Sahibabad
Contact	0120-2895278
Bank Details	Punjab And Sind Bank Sahibabad PSIB0000364

Location	Sahibabad, Ghaziabad
City	Sahibabad
District	Ghaziabad
State	Uttar Pradesh
Pincode	201010
Country	IN
Address	A-1, site no.4, industrial area, sahibabad, ghaziabad-201010

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 110023062 for Sahibabad 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 110023062 of Punjab Sind Bank, Sahibabad branch makes the system almost error free and faster. Use of Punjab Sind Bank MICR codes for Sahibabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Punjab And Sind Bank are available with micr code -

>>Sahibabad >>Sahibabad Krishi Upaj Mandi Samiti >>Sahibabad Pratap Vihar

MICR code for Punjab And Sind Bank Sahibabad

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 Sahibabad 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. 110023062 is the MICR code of PSB Bank for Sahibabad branch. MICR code for Sahibabad 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 Sahibabad is presented in the table alongside.

Use of Punjab Sind Bank MICR code for Sahibabad branch in sahibabad

The MICR code 110023062 is used in RBI cheque clearing process to identify the branch Sahibabad 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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