SBP Bank Ludhiana Ludhiana Punjab MICR CODE

Find MICR Codes for SBP Bank Ludhiana Ludhiana Punjab

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MICR Code	-NA-
Bank	State Bank Of Patiala
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ludhiana Ind. Area
Contact	O161-2222091
Bank Details	State Bank Of Patiala Ludhiana Ind. Area STBP0000347

Location	Ludhiana, Ludhiana
City	Ludhiana
District	Ludhiana
State	Punjab
Pincode	141008
Country	IN
Address	Ind. Area a 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 0 for Ludhiana Ind. Area 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 0 of State Bank Of Patiala, Ludhiana Ind. Area branch makes the system almost error free and faster. Use of State Bank Of Patiala MICR codes for Ludhiana Ind. Area branch, makes the characters readable even if there are other marks and stamps on it.

A total of 30 branches of State Bank Of Patiala are available with micr code -

>>Aayakar Bhawan >>Agar Nagar Ludhiana >>Bardhala >>Bhutta >>Giaspura Ludhiana >>Ikolaha >>Jamalpur >>Kheri >>Ludhiana (Brsn) >>Ludhiana (H T) >>Ludhiana (Hosy) >>Ludhiana (Jian College) >>Ludhiana (K N) >>Ludhiana (Miller Ganj) >>Ludhiana Bharat Nagar Chowk >>Ludhiana Civil Line >>Ludhiana Commercial Branch >>Ludhiana Daresi Road >>Ludhiana Durgi >>Ludhiana Ghumar Mandi >>Ludhiana Gill Road >>Ludhiana Haibowal >>Ludhiana Ind. Area >>Ludhiana Pakhowal Road >>Ludhiana Saban Bazar >>Ludhiana Salem Tabri >>Ludhiana Ssi >>Ludhiana Sunder Nagar >>Model Town Ludhiana >>Rara Sahib

MICR code for SBP Bank Ludhiana Ind. Area

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 Ludhiana Ind. Area 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. 0 is the MICR code of SBP Bank for Ludhiana Ind. Area branch. MICR code for Ludhiana Ind. Area 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 Ludhiana Ind. Area is presented in the table alongside.

Use of State Bank Of Patiala MICR code for Ludhiana Ind. Area branch in ludhiana

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ludhiana Ind. Area 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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