Allahabad Bank Chandigarh Chandigarh Chandigarh MICR CODE

Find MICR Codes for Allahabad Bank Chandigarh Chandigarh Chandigarh

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MICR Code	160010001
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Chandigarh
Contact	S.K.Jain(Cm), Ph: 0172-2702735, Chdmain@cha.Allahabadbank.Co.In;Sujata Bains Ph: 0172-2702735, Chdmain@cha.Allahabadbank.Co.In; A.K.Chopra Ph: 0172-2702735, Chdmain@cha.Allahabadbank.Co.In
Bank Details	Allahabad Bank Chandigarh ALLA0210176

Location	Chandigarh, Chandigarh
City	Chandigarh
District	Chandigarh
State	Chandigarh
Pincode	170016
Country	IN
Address	Sector-17b,sco-49-50, banksquare chandigarh-170016

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 160010001 for Chandigarh 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 160010001 of Allahabad Bank, Chandigarh branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Chandigarh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 11 branches of Allahabad Bank are available with micr code -

>>Armb Chandigarh >>Badli >>Chandigarh >>Hallomajra >>Jhajhar >>Kpk Chandigarh >>Mumbai Kandivali >>Sector 34 A Chandigarh >>Sector 40 D Chandigarh >>Sonepat >>Ujjana

MICR code for Allahabad Bank Chandigarh

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 Chandigarh 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. 160010001 is the MICR code of Allahabad Bank for Chandigarh branch. MICR code for Chandigarh 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 Chandigarh is presented in the table alongside.

Use of Allahabad Bank MICR code for Chandigarh branch in chandigarh

The MICR code 160010001 is used in RBI cheque clearing process to identify the branch Chandigarh 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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