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Allahabad Bank Hoshiarpur Hoshiarpur Punjab MICR CODE

Find MICR Codes for Allahabad Bank Hoshiarpur Hoshiarpur Punjab

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mahilpur
Contact Shruty Mahajan-9646602840,Dinesh Kumar 01884 248100
Bank Details Allahabad Bank Mahilpur ALLA0213009
Location Hoshiarpur, Hoshiarpur
City Hoshiarpur
District Hoshiarpur
State Punjab
Pincode 146105
Country IN
Address Ward no. 4, main chandigarh road opposite bank of baroda near new bus stand mahilpur (dist. Hoshiarpur) pin 146105
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 146010004 for Mahilpur 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 146010004 of Allahabad Bank, Mahilpur branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Mahilpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Allahabad Bank are available with micr code -

>>Mahilpur >>Model Town Hoshiarpur >>Smdrsd College Pathankhot >>Tanda

MICR code for Allahabad Bank Mahilpur

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 Mahilpur 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. 146010004 is the MICR code of Allahabad Bank for Mahilpur branch. MICR code for Mahilpur 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 Mahilpur is presented in the table alongside.

Use of Allahabad Bank MICR code for Mahilpur branch in hoshiarpur

The MICR code 146010004 is used in RBI cheque clearing process to identify the branch Mahilpur 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.