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Allahabad Bank Panipat Panipat Haryana MICR CODE

Find MICR Codes for Allahabad Bank Panipat Panipat Haryana

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Noorwala
Contact Gaurav Rathee, 09812719554, Purushottam Kumar, 09812719554
Bank Details Allahabad Bank Noorwala ALLA0212901
Location Panipat, Panipat
City Panipat
District Panipat
State Haryana
Pincode 132103
Country IN
Address Allahabad bank, barsat road , near shalini gas service office, noorwala, panipat-132103
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 132010004 for Noorwala 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 132010004 of Allahabad Bank, Noorwala branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Noorwala branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Allahabad Bank are available with micr code -

>>Noorwala >>Panipat

MICR code for Allahabad Bank Noorwala

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 Noorwala 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. 132010004 is the MICR code of Allahabad Bank for Noorwala branch. MICR code for Noorwala 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 Noorwala is presented in the table alongside.

Use of Allahabad Bank MICR code for Noorwala branch in panipat

The MICR code 132010004 is used in RBI cheque clearing process to identify the branch Noorwala 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.