SBP Bank Ludhiana Ludhiana Punjab MICR CODE

Find MICR Codes for SBP Bank Ludhiana Ludhiana Punjab

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MICR Code
Bank State Bank Of Patiala
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bardhala
Contact 9586181
Bank Details State Bank Of Patiala Bardhala STBP0001432
Location Ludhiana, Ludhiana
City Ludhiana
District Ludhiana
State Punjab
Pincode 141001
Country IN
Address Vill bardhala po manki teh samrala
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 141007206 for Bardhala 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 141007206 of State Bank Of Patiala, Bardhala branch makes the system almost error free and faster. Use of State Bank Of Patiala MICR codes for Bardhala branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBP Bank Bardhala

SBP Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. State Bank Of Patiala MICR code for Bardhala 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. 141007206 is the MICR code of SBP Bank for Bardhala branch. MICR code for Bardhala 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 State Bank Of Patiala Bardhala is presented in the table alongside.

Use of State Bank Of Patiala MICR code for Bardhala branch in ludhiana

The MICR code 141007206 is used in RBI cheque clearing process to identify the branch Bardhala and State Bank Of Patiala 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 SBP Bank is typically in either of these two font’s: E-138 and CMC-7.

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