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Allahabad Bank Pakhowal Ludhiana Punjab MICR CODE

Find MICR Codes for Allahabad Bank Pakhowal Ludhiana Punjab

Bank
State
District
City
Branch
Address

MICR Code	141010016
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Pakhowal Road Ludhiana
Contact	R S Khatak, 9464115923, Bharat Gupta, 8284963939
Bank Details	Allahabad Bank Pakhowal Road Ludhiana ALLA0212848

Location	Pakhowal, Ludhiana
City	Pakhowal
District	Ludhiana
State	Punjab
Pincode	141002
Country	IN
Address	B-xxvi-745 by 9 by 1, shakti nagar, pakhowal road, near hero bakery chowk, ludhiana- 141002

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 141010016 for Pakhowal Road Ludhiana 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 141010016 of Allahabad Bank, Pakhowal Road Ludhiana branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Pakhowal Road Ludhiana 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 -

>>Pakhowal Road Ludhiana

MICR code for Allahabad Bank Pakhowal Road Ludhiana

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 Pakhowal Road Ludhiana 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. 141010016 is the MICR code of Allahabad Bank for Pakhowal Road Ludhiana branch. MICR code for Pakhowal Road Ludhiana 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 Pakhowal Road Ludhiana is presented in the table alongside.

Use of Allahabad Bank MICR code for Pakhowal Road Ludhiana branch in pakhowal

The MICR code 141010016 is used in RBI cheque clearing process to identify the branch Pakhowal Road Ludhiana 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.