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Allahabad Bank Kapurthala Kapurthala Punjab MICR CODE

Find MICR Codes for Allahabad Bank Kapurthala Kapurthala Punjab

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kapurthala
Contact Pawan Kumar Sharma,Chamal Chahal,0182-2232281
Bank Details Allahabad Bank Kapurthala ALLA0210169
Location Kapurthala, Kapurthala
City Kapurthala
District Kapurthala
State Punjab
Pincode 144601
Country IN
Address The mall, kapurthala dist. Kapurthala punjab 144601
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 144010102 for Kapurthala 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 144010102 of Allahabad Bank, Kapurthala branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Kapurthala 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 -

>>Kapurthala

MICR code for Allahabad Bank Kapurthala

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 Kapurthala 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. 144010102 is the MICR code of Allahabad Bank for Kapurthala branch. MICR code for Kapurthala 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 Kapurthala is presented in the table alongside.

Use of Allahabad Bank MICR code for Kapurthala branch in kapurthala

The MICR code 144010102 is used in RBI cheque clearing process to identify the branch Kapurthala 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.