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Allahabad Bank Budhlada Mansa Punjab MICR CODE

Find MICR Codes for Allahabad Bank Budhlada Mansa Punjab

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Budlada Mandi
Contact Mr. Karan Singla- 8427022001 Mr.Abhinav Saini - 8699039135
Bank Details Allahabad Bank Budlada Mandi ALLA0212736
Location Budhlada, Mansa
City Budhlada
District Mansa
State Punjab
Pincode 151502
Country IN
Address Allahabad bank, b-18/116,iti chowk,bhikhi road,budlada-151502 dist:mansa,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 151010602 for Budlada Mandi 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 151010602 of Allahabad Bank, Budlada Mandi branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Budlada Mandi 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 -

>>Budlada Mandi

MICR code for Allahabad Bank Budlada Mandi

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 Budlada Mandi 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. 151010602 is the MICR code of Allahabad Bank for Budlada Mandi branch. MICR code for Budlada Mandi 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 Budlada Mandi is presented in the table alongside.

Use of Allahabad Bank MICR code for Budlada Mandi branch in budhlada

The MICR code 151010602 is used in RBI cheque clearing process to identify the branch Budlada Mandi 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.