MICR code
700023014
Punjab & Sind Bank, Shahaganj Bandel
- Bank
- Punjab & Sind Bank
- Branch
- Shahaganj Bandel
- IFSC
- PSIB0000376
- Address
- SHAHAGANJ DISTT HOOGLY 712104
- City
- Hugli
- District
- Bandel
- State
- West Bengal
- City code
- 700
- Bank code
- 023
- Branch code
- 014
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- 700023014
MICR code · Hugli
MICR code 700023014
✔ Verified in RBI list
How to read MICR 700023014
- 700: the city code. It usually follows the first digits of the area's PIN code; here it is Hugli.
- 023: the bank code, the same for every branch of Punjab & Sind Bank in cheque clearing.
- 014: the branch code within that city and bank.
The MICR is printed in magnetic ink at the bottom of every cheque leaf, between the cheque number and your account ID. Clearing houses read it under the Cheque Truncation System (CTS) to route the cheque to the right branch. It is not needed for NEFT, RTGS, IMPS or UPI, which use the IFSC (PSIB0000376 for this branch).
Before you deposit or write a cheque
- Check that the MICR on the cheque matches the branch printed at the top of the leaf.
- Use a CTS-2010 cheque; older formats are no longer cleared.
- Write in blue or black ink and do not overwrite on the MICR band; changes can make the cheque bounce.
Frequently asked questions
Which bank does MICR 700023014 belong to?
Punjab & Sind Bank, Shahaganj Bandel branch (Hugli, West Bengal).
What is the IFSC code for MICR 700023014?
PSIB0000376.
What do the digits of 700023014 mean?
700 is the city code, 023 the bank code and 014 the branch code.