Punjab And Sind Bank Bhopal Bhopal Madhya Pradesh MICR CODE

Find MICR Codes for Punjab And Sind Bank Bhopal Bhopal Madhya Pradesh

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MICR Code	462023004
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	Spl. Personal Banking Br. Bhopal
Contact
Bank Details	Punjab And Sind Bank Spl. Personal Banking Br. Bhopal PSIB0000742

Location	Bhopal, Bhopal
City	Bhopal
District	Bhopal
State	Madhya Pradesh
Pincode	462001
Country	IN
Address	90, zone ii, m.p. Nagar,bhopal

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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Spl. Personal Banking Br. Bhopal (462023004)

How does MICR code 462023004 for Spl. Personal Banking Br. Bhopal 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 462023004 of Punjab Sind Bank, Spl. Personal Banking Br. Bhopal branch makes the system almost error free and faster. Use of Punjab Sind Bank MICR codes for Spl. Personal Banking Br. Bhopal branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Punjab And Sind Bank are available with micr code -

>>Bhopal >>Cenmarg Bhopal >>Hamadia Road Bhopal >>Hoshangabad Road Bhopal >>Spl. Personal Banking Br. Bhopal

MICR code for Punjab And Sind Bank Spl. Personal Banking Br. Bhopal

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 Spl. Personal Banking Br. Bhopal 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. 462023004 is the MICR code of PSB Bank for Spl. Personal Banking Br. Bhopal branch. MICR code for Spl. Personal Banking Br. Bhopal 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 Spl. Personal Banking Br. Bhopal is presented in the table alongside.

Use of Punjab Sind Bank MICR code for Spl. Personal Banking Br. Bhopal branch in bhopal

The MICR code 462023004 is used in RBI cheque clearing process to identify the branch Spl. Personal Banking Br. Bhopal 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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