Canara Bank Ludhiana Ludhiana Punjab MICR CODE

Find MICR Codes for Canara Bank Ludhiana Ludhiana Punjab

MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ludhiana Court Road Main
Contact 0161-2741082
Bank Details Canara Bank Ludhiana Court Road Main CNRB0000393
Location Ludhiana, Ludhiana
City Ludhiana
District Ludhiana
State Punjab
Pincode 141008
Country IN
Address B.11/1569 court road,, ludhiana 141 008,
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 141015003 for Ludhiana Court Road Main 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 141015003 of Canara Bank, Ludhiana Court Road Main branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Ludhiana Court Road Main branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Ludhiana Court Road Main

Canara Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Canara Bank MICR code for Ludhiana Court Road Main 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. 141015003 is the MICR code of Canara Bank for Ludhiana Court Road Main branch. MICR code for Ludhiana Court Road Main 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 Canara Bank Ludhiana Court Road Main is presented in the table alongside.

Use of Canara Bank MICR code for Ludhiana Court Road Main branch in ludhiana

The MICR code 141015003 is used in RBI cheque clearing process to identify the branch Ludhiana Court Road Main and Canara 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 Canara Bank is typically in either of these two font’s: E-138 and CMC-7.

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