Central Bank Ludhiana Ludhiana Punjab MICR CODE

Find MICR Codes for Central Bank Ludhiana Ludhiana Punjab

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MICR Code	-NA-
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	Rahon Road
Contact	22-22637967
Bank Details	Central Bank Of India Rahon Road CBIN0285153

Location	Ludhiana, Ludhiana
City	Ludhiana
District	Ludhiana
State	Punjab
Pincode	141007
Country	IN
Address	Rahon road (basti chowk to chungi) manin rahon road ludhiana pin code-141007

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 Rahon Road 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 Central Bank Of India, Rahon Road branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Rahon Road 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 -

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MICR code for Central Bank Rahon Road

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 Rahon Road 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 Central Bank India for Rahon Road branch. MICR code for Rahon Road 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 Rahon Road is presented in the table alongside.

Use of Central Bank Of India MICR code for Rahon Road branch in ludhiana

The MICR code 0 is used in RBI cheque clearing process to identify the branch Rahon Road 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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