IDBI Ludhiana Ludhiana Punjab MICR CODE

Find MICR Codes for IDBI Ludhiana Ludhiana Punjab

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MICR Code	141259000
Bank	Idbi Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ccu Ludhiana
Contact	Mrs Shweta Arora, Ccu-Head, Ludhiana , Mobile No: 8146700944 And Office Land Line: 0161-5083920
Bank Details	Idbi Bank Ltd Ccu Ludhiana IBKL0000944

Location	Ludhiana, Ludhiana
City	Ludhiana
District	Ludhiana
State	Punjab
Pincode	141001
Country	IN
Address	Idbi sco-126-128,first floor, centralised clearing operations, kalinga towers,ferozegandhi market, 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 141259000 for Ccu 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 141259000 of IDBI Bank, Ccu Ludhiana branch makes the system almost error free and faster. Use of IDBI Bank MICR codes for Ccu Ludhiana branch, makes the characters readable even if there are other marks and stamps on it.

A total of 11 branches of Idbi Bank Ltd are available with micr code -

>>Brs Nagar Ludhiana >>Ccu Ludhiana >>Civil Lines Ludhiana >>Keonjhar >>Ludhiana >>Ludhiana Main Branch >>Retail Assets Ludhiana >>Sector >>Sherpur Focal Point Road >>Specialised Corporate Branch Ludhiana. >>Sunder Nagar Ludhiana

MICR code for IDBI Ccu Ludhiana

IDBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IDBI Bank MICR code for Ccu 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. 141259000 is the MICR code of IDBI for Ccu Ludhiana branch. MICR code for Ccu 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 IDBI Bank Ccu Ludhiana is presented in the table alongside.

Use of IDBI Bank MICR code for Ccu Ludhiana branch in ludhiana

The MICR code 141259000 is used in RBI cheque clearing process to identify the branch Ccu Ludhiana and IDBI 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 IDBI is typically in either of these two font’s: E-138 and CMC-7.

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