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Allahabad Bank Mithepur Jalandhar Punjab MICR CODE

Find MICR Codes for Allahabad Bank Mithepur Jalandhar Punjab

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jalandhar Mithapur
Contact Mr. Kk Tandon : 84272-91199
Bank Details Allahabad Bank Jalandhar Mithapur ALLA0212698
Location Mithepur, Jalandhar
City Mithepur
District Jalandhar
State Punjab
Pincode 144022
Country IN
Address A-3, mithapur chowk, near punjab & sind bank, mithapur, jalandhar, punjab pin - 144022
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 0 for Jalandhar Mithapur 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 0 of Allahabad Bank, Jalandhar Mithapur branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Jalandhar Mithapur 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 -

>>Jalandhar Mithapur

MICR code for Allahabad Bank Jalandhar Mithapur

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 Jalandhar Mithapur 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. 0 is the MICR code of Allahabad Bank for Jalandhar Mithapur branch. MICR code for Jalandhar Mithapur 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 Jalandhar Mithapur is presented in the table alongside.

Use of Allahabad Bank MICR code for Jalandhar Mithapur branch in mithepur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Jalandhar Mithapur 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.