IDFC Ludhiana Ludhiana Punjab MICR CODE

Find MICR Codes for IDFC Ludhiana Ludhiana Punjab

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MICR Code
Bank IDFC Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ludhiana Branch
Contact 9501083007
Bank Details IDFC Bank Ltd Ludhiana Branch IDFB0021171
Location Ludhiana, Ludhiana
City Ludhiana
District Ludhiana
State Punjab
Pincode 141001
Country IN
Address Ground floor,sco 15 san plaza, feroze gandhi market ,ludhiana,141001
MICR Code
Bank IDFC Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ludhiana Brs Nagar Branch
Contact
Bank Details IDFC Bank Ltd Ludhiana Brs Nagar Branch IDFB0021175
Location Ludhiana, Ludhiana
City Ludhiana
District Ludhiana
State Punjab
Pincode 141004
Country IN
Address Ground floor, scf-3, main market, near orient cinema, brs nagar, ludhiana-141004, toll free no. 18004194332
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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.

Search IDFC MICR Codes in ludhiana

You can search through MICR Codes of Punjab branches in ludhiana of District ludhiana in Punjab State by using the search box or you can browse through the table using the conrols at the bottom.

How to find MICR codes for IDFC in ludhiana?

IDFC ludhiana MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From IDFC Bank MICR codes list for ludhiana, one can further search by branch name specified in the table. You can find MICR codes for all IDFC ludhiana branches.

IDFC Bank MICR code in ludhiana

IDFC MICR code is a character recognition technology used by banks in the processing of cheques. IDFC Bank MICR code for ludhiana branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for IDFC branches in ludhiana, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does IDFC MICR code for ludhiana branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a IDFC ludhiana branch, sprinted 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. Thus MICR code for IDFC Bank ludhiana branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of IDFC MICR codes for ludhiana branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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