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It is very important to find MICR code 160010016 of correct branch before initiating a NEFT or RTGS or IMPS transfer. Though all banks will have a mechanism to verify the MICR Code, Bank Branch, Account Type and Name and any mismatch will result in failed transaction!
The best and simplest place to verify 160010016 MICR code branch is the cheque book. Most banks now print MICR Codes on the cheque books. Also, your account pass book should have the MICR Code printed.
160010016 is the MICR Code for Dera Basi branch of Allahabad Bank. This can be used for online funds transfer via NEFT, RTGS amd IMPS to Allahabad Bank account. The address of Dera Basi branch is Near swaghat regency,chandigarh ambala highway, dera basi,dist - mohali (punjab) pin - 140507, which is located in Rupnagar District of Punjab State.
In Allahabad Bank MICR Code, the first 4 characters (1600) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (0016) represent the Allahabad Bank branch code.
Find more information on MICR Code 160010016 of Allahabad Bank Dera Basi Branch MICR Code Sas Nagar(Mohali) for NEFT transfer, RTGS transfer and IMPS transfer below:
*The MICR Code information presented above is for reference only. Please verify MICR Code 160010016 details before initiating any transaction!