Vijaya Bank Ludhiana Ludhiana Punjab MICR CODE

Find MICR Codes for Vijaya Bank Ludhiana Ludhiana Punjab

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MICR Code	141029002
Bank	Vijaya Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ludhiana Punjab
Contact
Bank Details	Vijaya Bank Ludhiana Punjab VIJB0007503

Location	Ludhiana, Ludhiana
City	Ludhiana
District	Ludhiana
State	Punjab
Pincode	141008
Country	IN
Address	P b no 43, matha rani chowk, g t road, ludhiana,punjab, 141008

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 141029002 for Ludhiana Punjab 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 141029002 of Vijaya Bank, Ludhiana Punjab branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Ludhiana Punjab branch, makes the characters readable even if there are other marks and stamps on it.

A total of 11 branches of Vijaya Bank are available with micr code -

>>B R S Nagar Ludhiana >>Kakowal Ludhiana >>Khanna Punjab >>Ludhiana Punjab >>Main Focal Point >>Miller Ganj >>Model Town >>Pakhowal Road >>Regional Office Ludhiana >>Sme Ludhiana >>Sunder Nagar Ludhiana

MICR code for Vijaya Bank Ludhiana Punjab

Vijaya Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Vijaya Bank MICR code for Ludhiana Punjab 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. 141029002 is the MICR code of Vijaya Bank for Ludhiana Punjab branch. MICR code for Ludhiana Punjab 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 Vijaya Bank Ludhiana Punjab is presented in the table alongside.

Use of Vijaya Bank MICR code for Ludhiana Punjab branch in ludhiana

The MICR code 141029002 is used in RBI cheque clearing process to identify the branch Ludhiana Punjab and Vijaya 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 Vijaya Bank is typically in either of these two font’s: E-138 and CMC-7.

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