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Ratnakar Bank Punjab MICR CODE

Find MICR Codes for Ratnakar Bank Punjab

MICR Code
Bank Ratnakar Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ludhiana
Contact 1800123804
Bank Details Ratnakar Bank Ltd Ludhiana RATN0000203
Location Ludhiana, Ludhiana
City Ludhiana
District Ludhiana
State Punjab
Pincode 141001
Country IN
Address Rbl bank limited sco no 18-19c canal colony green park avenue pakhowal road ludhiana -141001
MICR Code
Bank Ratnakar Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Zirakpur Branch
Contact 1800123804
Bank Details Ratnakar Bank Ltd Zirakpur Branch RATN0000233
Location Mohali, Mohali
City Mohali
District Mohali
State Punjab
Pincode 140603
Country IN
Address Rbl bank limited sco 1 and 2 ground floor orbit apartments vip road zirakpur district mohali 140603
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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.

Search Ratnakar Bank MICR Codes in Punjab

You can search through MICR Codes of Ratnakar Bank in Punjab State! Reserve Bank of India publishes updated MICR Codes for Ratnakar Bank from time to time on their website, and we are doing our best in updating information of Ratnakar Bank MICR Codes.

How to find MICR codes for Ratnakar Bank in Punjab?

MICR codes for Ratnakar Bank in Punjab are given in the table alongside. Address, contact numbers and other details are also provided along with the MICR code. Narrow down your search either by selecting any particular district from the drop down list or by selecting the district from Ratnakar Bank MICR codes list given on the right side. One can find MICR codes for all Ratnakar Bank branches in Punjab here.

Ratnakar Bank MICR code in Punjab

Ratnakar Bank MICR code in Punjab state is a standard 9 digit code printed on cheques using a special type of ink. This ink or toner is magnetic and contains iron oxide. Ratnakar Bank MICR number includes the document type indicator, bank code, cheque number, etc. This code is used to identify bank and account information to which the cheque belongs. The main purpose of Ratnakar Bank MICR code for Punjab branches is to make clearance process of cheques faster and without errors.

Why is Ratnakar Bank MICR code for Punjab branches used for clearing of cheques?

The Ratnakar Bank MICR code for Punjab branches allows the cheque information to be read automatically by passing it before an MICR reader. Each character produces a specific pattern which can be easily identified. Ratnakar Bank Punjab MICR code uses typically either of these two fonts E-138 and CMC-7. The MICR technology makes the characters legible even if they are obscured by stamps and signatures. This code is used By RBI (Reserve bank Of India) in clearing process to identify the branch and bank. The principal purpose of Ratnakar Bank MICR code for Punjab branches is to print accounting and routing information on cheques and other documents in a machine readable format in order to speed up the clearing process.