Punjab & Sind Bank Spl Lending Br Mumbai
Spl Lending Br Mumbai · Greater Bombay, Maharashtra
400023022 is the MICR code for the Spl Lending Br Mumbai branch of Punjab & Sind Bank, located in Greater Bombay, Maharashtra. 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 PSIB0021363.
Bank
Punjab & Sind Bank
Branch & Address
Spl Lending Br Mumbai
Sector 26 a Plot no 14 Kopri Palm Beach Road Vashi Navi Mumbai 400703
Greater Bombay, Mumbai, Maharashtra
Contact
+919869450757MICR Code Structure
400
City
023
Bank
022
Branch
City code 400 identifies the RBI clearing centre, bank code 023 identifies Punjab & Sind Bank, and branch code 022 identifies this specific branch.
Online Payment Methods Supported
Other Punjab & Sind Bank branches near Greater Bombay
Other banks in Greater Bombay, Maharashtra
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 (PSIB0021363) 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 400023022 is in the middle, and your account number is on the right.