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Allahabad Bank Nilokheri Karnal Haryana MICR CODE

Find MICR Codes for Allahabad Bank Nilokheri Karnal Haryana

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nilokheri Branch
Contact Harish Wadhawan, Neha, 9996023442
Bank Details Allahabad Bank Nilokheri Branch ALLA0212573
Location Nilokheri, Karnal
City Nilokheri
District Karnal
State Haryana
Pincode 132117
Country IN
Address Shop no.22, near grain market, nilokheri, distt karnal, haryna pin-132117
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 132010103 for Nilokheri Branch 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 132010103 of Allahabad Bank, Nilokheri Branch branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Nilokheri Branch 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 -

>>Nilokheri Branch

MICR code for Allahabad Bank Nilokheri Branch

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 Nilokheri Branch 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. 132010103 is the MICR code of Allahabad Bank for Nilokheri Branch branch. MICR code for Nilokheri Branch 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 Nilokheri Branch is presented in the table alongside.

Use of Allahabad Bank MICR code for Nilokheri Branch branch in nilokheri

The MICR code 132010103 is used in RBI cheque clearing process to identify the branch Nilokheri Branch 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.