Canara Bank Ludhiana Ludhiana South City Punjab MICR CODE

Find MICR Codes for Canara Bank Ludhiana Ludhiana South City Punjab

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ludhiana South City
Contact -
Bank Details Canara Bank Ludhiana South City CNRB0007667
Location Ludhiana, Ludhiana South City
City Ludhiana
District Ludhiana South City
State Punjab
Pincode 142027
Country IN
Address Sco 9 near ayali bridge main canal road south city ludhiana dist punjab 142027
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 0 for Ludhiana South City 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 0 of Canara Bank, Ludhiana South City branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Ludhiana South City branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Canara Bank are available with micr code -

>>Ludhiana South City

MICR code for Canara Bank Ludhiana South City

Canara Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Canara Bank MICR code for Ludhiana South City 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. 0 is the MICR code of Canara Bank for Ludhiana South City branch. MICR code for Ludhiana South City 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 Canara Bank Ludhiana South City is presented in the table alongside.

Use of Canara Bank MICR code for Ludhiana South City branch in ludhiana

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ludhiana South City and Canara 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 Canara Bank is typically in either of these two font’s: E-138 and CMC-7.

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