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Punjab And Sind Bank Ludhiana Ludhiana Punjab MICR CODE

Find MICR Codes for Punjab And Sind Bank Ludhiana Ludhiana Punjab

Bank
State
District
City
Branch
Address

MICR Code	141023016
Bank	Punjab And Sind Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ludhiana Sabun Bazar Ludhiana
Contact	0161-2722767/2722806
Bank Details	Punjab And Sind Bank Ludhiana Sabun Bazar Ludhiana PSIB0000002

Location	Ludhiana, Ludhiana
City	Ludhiana
District	Ludhiana
State	Punjab
Pincode	141008
Country	IN
Address	Saban bazar, 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.

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Ludhiana Sabun Bazar Ludhiana (141023016)

How does MICR code 141023016 for Ludhiana Sabun Bazar 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 141023016 of Punjab Sind Bank, Ludhiana Sabun Bazar Ludhiana branch makes the system almost error free and faster. Use of Punjab Sind Bank MICR codes for Ludhiana Sabun Bazar Ludhiana branch, makes the characters readable even if there are other marks and stamps on it.

A total of 28 branches of Punjab And Sind Bank are available with micr code -

>>Cenmarg Ludhiana >>Civil Line Ludhiana >>Dbu Jagraon >>G.G.S.Study Circle Ludhiana >>G.H.Public School Ludhiana >>Gill Ludhiana >>Gurudwara Kalgidhar >>Haibowal Kalan Ludhiana >>Jamalpur Awana Ludhiana >>Khalsa College Ludhiana >>Kitchlu Nagar Ludhiana >>Ludhiana >>Ludhiana Agri. Hi Tech Branch >>Ludhiana Baba Ishar Singh School >>Ludhiana Ggn Khalasa College >>Ludhiana Ibd >>Ludhiana Ifb >>Ludhiana Millerganj >>Ludhiana Model Town >>Ludhiana Moti Nagar >>Ludhiana New Janta Nagar >>Ludhiana Sabun Bazar Ludhiana >>Ludhiana Spl Personal Banking Branch >>Mtsm College Ludhiana >>Salim Tabri >>Sarinh >>Ssi Ludhiana >>Sunet

MICR code for Punjab And Sind Bank Ludhiana Sabun Bazar Ludhiana

Punjab And Sind Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Punjab Sind Bank MICR code for Ludhiana Sabun Bazar 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. 141023016 is the MICR code of PSB Bank for Ludhiana Sabun Bazar Ludhiana branch. MICR code for Ludhiana Sabun Bazar 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 Punjab Sind Bank Ludhiana Sabun Bazar Ludhiana is presented in the table alongside.

Use of Punjab Sind Bank MICR code for Ludhiana Sabun Bazar Ludhiana branch in ludhiana

The MICR code 141023016 is used in RBI cheque clearing process to identify the branch Ludhiana Sabun Bazar Ludhiana and Punjab Sind 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 PSB Bank is typically in either of these two font’s: E-138 and CMC-7.