Syndicate Bank Ludhiana Ludhiana Punjab MICR CODE

Find MICR Codes for Syndicate Bank Ludhiana Ludhiana Punjab

Bank
State
District
City
Branch
Address

MICR Code	141025141
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Indl Area Ludhiana
Contact
Bank Details	Syndicate Bank Indl Area Ludhiana SYNB0008154

Location	Ludhiana, Ludhiana
City	Ludhiana
District	Ludhiana
State	Punjab
Pincode	141003
Country	IN
Address	148 industrial area near cheema chowk ludhiana 141003

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 141025141 for Indl Area 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 141025141 of Syndicate Bank, Indl Area Ludhiana branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Indl Area Ludhiana branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Indl Area Ludhiana >>Jagraon >>Jhande >>Kailash Nagar Ludhiana >>Ludhiana >>Ludhiana Miller Ganj >>Paddi >>Ro Ludhiana >>Ro Ludhiana >>S B S Nagar Ludhiana >>Sundernagar

MICR code for Syndicate Bank Indl Area Ludhiana

Syndicate Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Syndicate Bank MICR code for Indl Area 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. 141025141 is the MICR code of Syndicate Bank for Indl Area Ludhiana branch. MICR code for Indl Area 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 Syndicate Bank Indl Area Ludhiana is presented in the table alongside.

Use of Syndicate Bank MICR code for Indl Area Ludhiana branch in ludhiana

The MICR code 141025141 is used in RBI cheque clearing process to identify the branch Indl Area Ludhiana and Syndicate 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 Syndicate Bank is typically in either of these two font’s: E-138 and CMC-7.

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