Allahabad Bank Beas Amritsar Punjab MICR CODE

Find MICR Codes for Allahabad Bank Beas Amritsar Punjab

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MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Beas
Contact Sandeep Bhalla, 01853-273806 , Bhajan Das
Bank Details Allahabad Bank Beas ALLA0212401
Location Beas, Amritsar
City Beas
District Amritsar
State Punjab
Pincode 143201
Country IN
Address Bds market, g.t. Road, village & po beas, district amritsar, pin 143201
MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Beas
Contact Sandeep Bhalla, 01853-273806 , Bhajan Das
Bank Details Allahabad Bank Beas ALLA0212410
Location Beas, Amritsar
City Beas
District Amritsar
State Punjab
Pincode 143201
Country IN
Address Bds market, g.t. Road, village & po beas, district amritsar, pin 143201
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 0 for Beas 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 0 of Allahabad Bank, Beas branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Beas branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Allahabad Bank are available with micr code -

>>Beas >>Beas

MICR code for Allahabad Bank Beas

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 Beas 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. 0 is the MICR code of Allahabad Bank for Beas branch. MICR code for Beas 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 Beas is presented in the table alongside.

Use of Allahabad Bank MICR code for Beas branch in beas

The MICR code 0 is used in RBI cheque clearing process to identify the branch Beas 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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