ICICI Ludhiana Ludhiana Punjab MICR CODE

Find MICR Codes for ICICI Ludhiana Ludhiana Punjab

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MICR Code	141229009
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	Ludhiana Jalandhar Bye Pass
Contact	Yogi Vij 0161-5092452, 0161-5092450, 9988881425
Bank Details	Icici Bank Ltd Ludhiana Jalandhar Bye Pass ICIC0000966

Location	Ludhiana, Ludhiana
City	Ludhiana
District	Ludhiana
State	Punjab
Pincode	141007
Country	IN
Address	Icici bank ltd., jal.bye pass chowk, ludhiana (pb.). 141 007

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 141229009 for Ludhiana Jalandhar Bye Pass 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 141229009 of ICICI Bank, Ludhiana Jalandhar Bye Pass branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Ludhiana Jalandhar Bye Pass 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 Ludhiana Jalandhar Bye Pass

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Ludhiana Jalandhar Bye Pass 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. 141229009 is the MICR code of Industrial Credit And Investment Corporation Of India for Ludhiana Jalandhar Bye Pass branch. MICR code for Ludhiana Jalandhar Bye Pass 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 Ludhiana Jalandhar Bye Pass is presented in the table alongside.

Use of ICICI Bank MICR code for Ludhiana Jalandhar Bye Pass branch in ludhiana

The MICR code 141229009 is used in RBI cheque clearing process to identify the branch Ludhiana Jalandhar Bye Pass 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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