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Allahabad Bank Nawanshahar Navansahar Punjab MICR CODE

Find MICR Codes for Allahabad Bank Nawanshahar Navansahar Punjab

MICR Code:
Bank: Allahabad Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Nawanshahr (Daoba)
Contact: Suresh K Malik, Santosh Lal,01823-220277
Bank Details: Allahabad Bank Nawanshahr (Daoba) ALLA0210434
Location: Nawanshahar, Navansahar
City: Nawanshahar
District: Navansahar
State: Punjab
Pincode: 144514
Country: IN
Address: Railway road nawanshahr (daoba) post box 14 dist. Naeanshahr punjab 144514
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 144010402 for Nawanshahr (Daoba) 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 144010402 of Allahabad Bank, Nawanshahr (Daoba) branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Nawanshahr (Daoba) 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 -

>>Nawanshahr (Daoba)

MICR code for Allahabad Bank Nawanshahr (Daoba)

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 Nawanshahr (Daoba) 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. 144010402 is the MICR code of Allahabad Bank for Nawanshahr (Daoba) branch. MICR code for Nawanshahr (Daoba) 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 Nawanshahr (Daoba) is presented in the table alongside.

Use of Allahabad Bank MICR code for Nawanshahr (Daoba) branch in nawanshahar

The MICR code 144010402 is used in RBI cheque clearing process to identify the branch Nawanshahr (Daoba) 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.