ICICI Ludhiana Ludhiana Punjab MICR CODE

Find MICR Codes for ICICI Ludhiana Ludhiana Punjab

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MICR Code	141229021
Bank	Icici Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Industrial Area A
Contact	1615203402
Bank Details	Icici Bank Ltd Industrial Area A ICIC0003367

Location	Ludhiana, Ludhiana
City	Ludhiana
District	Ludhiana
State	Punjab
Pincode	141001
Country	IN
Address	128 main road industrial area a cheema chowk ludhiana -141001 punjab

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 141229021 for Industrial Area A 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 141229021 of ICICI Bank, Industrial Area A branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Industrial Area A branch, makes the characters readable even if there are other marks and stamps on it.

A total of 40 branches of Icici Bank Ltd are available with micr code -

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MICR code for ICICI Industrial Area A

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Industrial Area A 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. 141229021 is the MICR code of Industrial Credit And Investment Corporation Of India for Industrial Area A branch. MICR code for Industrial Area A 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 ICICI Bank Industrial Area A is presented in the table alongside.

Use of ICICI Bank MICR code for Industrial Area A branch in ludhiana

The MICR code 141229021 is used in RBI cheque clearing process to identify the branch Industrial Area A and ICICI 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 Industrial Credit And Investment Corporation Of India is typically in either of these two font’s: E-138 and CMC-7.

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