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Allahabad Bank Bagha Purana Moga Punjab MICR CODE

Find MICR Codes for Allahabad Bank Bagha Purana Moga Punjab

Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bagha Purana
Contact Mr. Shiv Kumar Azad -9417515999 Mr. Amit Kalsi - 8427230040
Bank Details Allahabad Bank Bagha Purana ALLA0212758
Location Bagha Purana, Moga
City Bagha Purana
District Moga
State Punjab
Pincode 142038
Country IN
Address Allahabad bank, main bazar, moga road, near shiv mandir, bagha purana-142038, punjab
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 142010152 for Bagha Purana 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 142010152 of Allahabad Bank, Bagha Purana branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Bagha Purana branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Allahabad Bank are available with micr code -

>>Bagha Purana

MICR code for Allahabad Bank Bagha Purana

Allahabad Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Allahabad Bank MICR code for Bagha Purana 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. 142010152 is the MICR code of Allahabad Bank for Bagha Purana branch. MICR code for Bagha Purana 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 Allahabad Bank Bagha Purana is presented in the table alongside.

Use of Allahabad Bank MICR code for Bagha Purana branch in bagha purana

The MICR code 142010152 is used in RBI cheque clearing process to identify the branch Bagha Purana and Allahabad 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 Allahabad Bank is typically in either of these two font’s: E-138 and CMC-7.