Central Bank Ludhiana Ludhiana Punjab MICR CODE

Find MICR Codes for Central Bank Ludhiana Ludhiana Punjab

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MICR Code	141016005
Bank	Central Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Focal Point Ludhiana
Contact
Bank Details	Central Bank Of India Focal Point Ludhiana CBIN0282415

Location	Ludhiana, Ludhiana
City	Ludhiana
District	Ludhiana
State	Punjab
Pincode	141010
Country	IN
Address	C-14, focal point, ludhiana

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 141016005 for Focal Point Ludhiana 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 141016005 of Central Bank Of India, Focal Point Ludhiana branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Focal Point Ludhiana branch, makes the characters readable even if there are other marks and stamps on it.

A total of 20 branches of Central Bank Of India are available with micr code -

>>29 Adr Cantt.(Military Camp Dholewal) >>Brown Road Ludhiana >>Ccpc Ludhiana >>Civil Lines Ludhiana >>Daresi Rd. Ludhiana >>Dugri Rd Ludhiana >>Ferozepur Road Ludhiana >>Focal Point Ludhiana >>Giaspura Ludhiana >>Hambran >>Industrial Area Ludhiana >>Jamalpur Awana Ludhiana >>Ludhiana >>Ludhiana Regional Office >>Madhopuri Ludhiana >>Mid Corp Fin Branch Ludhiana >>Millerganj Ludhiana >>Nbo Ludhiana >>Rahon Road >>Salem Tapri Ludhiana

MICR code for Central Bank Focal Point Ludhiana

Central Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Central Bank Of India MICR code for Focal Point Ludhiana 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. 141016005 is the MICR code of Central Bank India for Focal Point Ludhiana branch. MICR code for Focal Point Ludhiana 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 Central Bank Of India Focal Point Ludhiana is presented in the table alongside.

Use of Central Bank Of India MICR code for Focal Point Ludhiana branch in ludhiana

The MICR code 141016005 is used in RBI cheque clearing process to identify the branch Focal Point Ludhiana and Central Bank Of India 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 Central Bank India is typically in either of these two font’s: E-138 and CMC-7.

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