Indian Bank Doraha Ludhiana Punjab MICR CODE

Find MICR Codes for Indian Bank Doraha Ludhiana Punjab

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MICR Code	141019008
Bank	Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Doraha
Contact	01628-259260
Bank Details	Indian Bank Doraha IDIB000D069

Location	Doraha, Ludhiana
City	Doraha
District	Ludhiana
State	Punjab
Pincode	141421
Country	IN
Address	Ajaib singh complex opposite fly over, g.t.road doraha 141421

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 141019008 for Doraha 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 141019008 of Indian Bank, Doraha branch makes the system almost error free and faster. Use of Indian Bank MICR codes for Doraha branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Indian Bank are available with micr code -

>>Doraha

MICR code for Indian Bank Doraha

Indian Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Indian Bank MICR code for Doraha 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. 141019008 is the MICR code of Indian Bank for Doraha branch. MICR code for Doraha 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 Indian Bank Doraha is presented in the table alongside.

Use of Indian Bank MICR code for Doraha branch in doraha

The MICR code 141019008 is used in RBI cheque clearing process to identify the branch Doraha and Indian 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 Indian Bank is typically in either of these two font’s: E-138 and CMC-7.

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