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Allahabad Bank Ludhiana Ludhiana Punjab MICR CODE

Find MICR Codes for Allahabad Bank Ludhiana Ludhiana Punjab

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ludhiana Link Road
Contact Pawan Sood, Vikram Sehgal
Bank Details Allahabad Bank Ludhiana Link Road ALLA0210321
Location Ludhiana, Ludhiana
City Ludhiana
District Ludhiana
State Punjab
Pincode 141003
Country IN
Address 818, link road, 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 141010007 for Ludhiana Link Road 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 141010007 of Allahabad Bank, Ludhiana Link Road branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Ludhiana Link Road branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Allahabad Bank Ludhiana Link Road

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 Ludhiana Link Road 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. 141010007 is the MICR code of Allahabad Bank for Ludhiana Link Road branch. MICR code for Ludhiana Link Road 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 Ludhiana Link Road is presented in the table alongside.

Use of Allahabad Bank MICR code for Ludhiana Link Road branch in ludhiana

The MICR code 141010007 is used in RBI cheque clearing process to identify the branch Ludhiana Link Road 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.