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Allahabad Bank Jalandhar Jalandhar Punjab MICR CODE

Find MICR Codes for Allahabad Bank Jalandhar Jalandhar Punjab

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shahkot
Contact 01821-260100
Bank Details Allahabad Bank Shahkot ALLA0213104
Location Jalandhar, Jalandhar
City Jalandhar
District Jalandhar
State Punjab
Pincode 144702
Country IN
Address G.t.road, shahkot, teh. Shahkot, distt. Jalandhar, pin 144702, punjab.
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 144010852 for Shahkot 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 144010852 of Allahabad Bank, Shahkot branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Shahkot branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Allahabad Bank Shahkot

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 Shahkot 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. 144010852 is the MICR code of Allahabad Bank for Shahkot branch. MICR code for Shahkot 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 Shahkot is presented in the table alongside.

Use of Allahabad Bank MICR code for Shahkot branch in jalandhar

The MICR code 144010852 is used in RBI cheque clearing process to identify the branch Shahkot 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.