Allahabad Bank Bassi Pathana Fatehgarh Sahib Punjab MICR CODE

Find MICR Codes for Allahabad Bank Bassi Pathana Fatehgarh Sahib Punjab

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MICR Code	140010103
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bassi Pathana
Contact	Mr. Mohammad Zafar 9781334495 Mr.Daljeet Singh - 01763250004
Bank Details	Allahabad Bank Bassi Pathana ALLA0212739

Location	Bassi Pathana, Fatehgarh Sahib
City	Bassi Pathana
District	Fatehgarh Sahib
State	Punjab
Pincode	140412
Country	IN
Address	Allahabad bank, old court road,near police station,bassi pathana-140412 dist: fatehgarh sahib, 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 140010103 for Bassi Pathana 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 140010103 of Allahabad Bank, Bassi Pathana branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Bassi Pathana 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 -

>>Bassi Pathana

MICR code for Allahabad Bank Bassi Pathana

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 Bassi Pathana 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. 140010103 is the MICR code of Allahabad Bank for Bassi Pathana branch. MICR code for Bassi Pathana 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 Bassi Pathana is presented in the table alongside.

Use of Allahabad Bank MICR code for Bassi Pathana branch in bassi pathana

The MICR code 140010103 is used in RBI cheque clearing process to identify the branch Bassi Pathana 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.

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