Punjab & Sind Bank Modasa
Modasa · Aravalli, Gujarat
383023002 is the MICR code for the Modasa branch of Punjab & Sind Bank, located in Aravalli, Gujarat. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code PSIB0021645.
Bank
Punjab & Sind Bank
Branch & Address
Modasa
Shyam Icon Ground Floor Shop no 18 and 19 Near Sahyog by Pass Chokdi Khalikpur Modasa District Aravalli 383317 Gujarat
Aravalli, Modasa, Gujarat
Contact
+916350532432MICR Code Structure
383
City
023
Bank
002
Branch
City code 383 identifies the RBI clearing centre, bank code 023 identifies Punjab & Sind Bank, and branch code 002 identifies this specific branch.
Online Payment Methods Supported
Other Punjab & Sind Bank branches near Aravalli
Other banks in Aravalli, Gujarat
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (PSIB0021645) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 383023002 is in the middle, and your account number is on the right.