PNB Ludhiana Ludhiana Punjab MICR CODE

Find MICR Codes for PNB Ludhiana Ludhiana Punjab

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MICR Code
Bank Punjab National Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ludhianassi
Contact 161-5092869
Bank Details Punjab National Bank Ludhianassi PUNB0065310
Location Ludhiana, Ludhiana
City Ludhiana
District Ludhiana
State Punjab
Pincode 141003
Country IN
Address 151,industrial area a, cheema chowk 141003
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 141024075 for Ludhianassi 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 141024075 of Punjab National Bank , Ludhianassi branch makes the system almost error free and faster. Use of Punjab National Bank MICR codes for Ludhianassi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 106 branches of Punjab National Bank are available with micr code -

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MICR code for PNB Ludhianassi

PNB MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Punjab National Bank MICR code for Ludhianassi 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. 141024075 is the MICR code of PNB Bank for Ludhianassi branch. MICR code for Ludhianassi 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 Punjab National Bank Ludhianassi is presented in the table alongside.

Use of Punjab National Bank MICR code for Ludhianassi branch in ludhiana

The MICR code 141024075 is used in RBI cheque clearing process to identify the branch Ludhianassi and Punjab National 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 PNB Bank is typically in either of these two font’s: E-138 and CMC-7.

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