Punjab And Sind Bank Ludhiana Ludhiana Punjab MICR CODE

Find MICR Codes for Punjab And Sind Bank Ludhiana Ludhiana Punjab

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MICR Code	141023008
Bank	Punjab And Sind Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ludhiana Ifb
Contact	0161-2530858
Bank Details	Punjab And Sind Bank Ludhiana Ifb PSIB0000683

Location	Ludhiana, Ludhiana
City	Ludhiana
District	Ludhiana
State	Punjab
Pincode	141001
Country	IN
Address	Dholewal chowk , 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 141023008 for Ludhiana Ifb 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 141023008 of Punjab Sind Bank, Ludhiana Ifb branch makes the system almost error free and faster. Use of Punjab Sind Bank MICR codes for Ludhiana Ifb branch, makes the characters readable even if there are other marks and stamps on it.

A total of 28 branches of Punjab And Sind Bank are available with micr code -

>>Cenmarg Ludhiana >>Civil Line Ludhiana >>Dbu Jagraon >>G.G.S.Study Circle Ludhiana >>G.H.Public School Ludhiana >>Gill Ludhiana >>Gurudwara Kalgidhar >>Haibowal Kalan Ludhiana >>Jamalpur Awana Ludhiana >>Khalsa College Ludhiana >>Kitchlu Nagar Ludhiana >>Ludhiana >>Ludhiana Agri. Hi Tech Branch >>Ludhiana Baba Ishar Singh School >>Ludhiana Ggn Khalasa College >>Ludhiana Ibd >>Ludhiana Ifb >>Ludhiana Millerganj >>Ludhiana Model Town >>Ludhiana Moti Nagar >>Ludhiana New Janta Nagar >>Ludhiana Sabun Bazar Ludhiana >>Ludhiana Spl Personal Banking Branch >>Mtsm College Ludhiana >>Salim Tabri >>Sarinh >>Ssi Ludhiana >>Sunet

MICR code for Punjab And Sind Bank Ludhiana Ifb

Punjab And Sind Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Punjab Sind Bank MICR code for Ludhiana Ifb 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. 141023008 is the MICR code of PSB Bank for Ludhiana Ifb branch. MICR code for Ludhiana Ifb 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 Sind Bank Ludhiana Ifb is presented in the table alongside.

Use of Punjab Sind Bank MICR code for Ludhiana Ifb branch in ludhiana

The MICR code 141023008 is used in RBI cheque clearing process to identify the branch Ludhiana Ifb and Punjab Sind 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 PSB Bank is typically in either of these two font’s: E-138 and CMC-7.

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