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Bandhan Bank Chandigarh Ludhiana Punjab MICR CODE

Find MICR Codes for Bandhan Bank Chandigarh Ludhiana Punjab

Bank
State
District
City
Branch
Address

MICR Code	141750002
Bank	Bandhan Bank Limited
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ludhiana
Contact	9660952482
Bank Details	Bandhan Bank Limited Ludhiana BDBL0001386

Location	Chandigarh, Ludhiana
City	Chandigarh
District	Ludhiana
State	Punjab
Pincode	141008
Country	IN
Address	House no b ii/ 1371,arya school road,sabjee mandi,ludhina,punjab,pin - 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 141750002 for Ludhiana 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 141750002 of Bandhan Bank Ltd, Ludhiana branch makes the system almost error free and faster. Use of Bandhan Bank Ltd MICR codes for Ludhiana branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Bandhan Bank Limited are available with micr code -

>>Ludhiana >>Pakhowal Road Ludhiana

MICR code for Bandhan Bank Ludhiana

Bandhan Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Bandhan Bank Ltd MICR code for Ludhiana 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. 141750002 is the MICR code of Bandhan Bank for Ludhiana branch. MICR code for Ludhiana 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 Bandhan Bank Ltd Ludhiana is presented in the table alongside.

Use of Bandhan Bank Ltd MICR code for Ludhiana branch in chandigarh

The MICR code 141750002 is used in RBI cheque clearing process to identify the branch Ludhiana and Bandhan Bank Ltd 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 Bandhan Bank is typically in either of these two font’s: E-138 and CMC-7.