Allahabad Bank Hoshiarpur Hosiarpur Punjab MICR CODE

Find MICR Codes for Allahabad Bank Hoshiarpur Hosiarpur Punjab

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MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hoshiarpur
Contact H L Pal, Gautam S. Ghullar,01882-222008
Bank Details Allahabad Bank Hoshiarpur ALLA0210586
Location Hoshiarpur, Hosiarpur
City Hoshiarpur
District Hosiarpur
State Punjab
Pincode 146001
Country IN
Address Labhchand jain market, jalandhar road, dist. Hoshiarpur punjab. Hoshiarpur punjab 146001
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 146010002 for Hoshiarpur 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 146010002 of Allahabad Bank, Hoshiarpur branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Hoshiarpur 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 -

>>Hoshiarpur

MICR code for Allahabad Bank Hoshiarpur

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 Hoshiarpur 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. 146010002 is the MICR code of Allahabad Bank for Hoshiarpur branch. MICR code for Hoshiarpur 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 Hoshiarpur is presented in the table alongside.

Use of Allahabad Bank MICR code for Hoshiarpur branch in hoshiarpur

The MICR code 146010002 is used in RBI cheque clearing process to identify the branch Hoshiarpur 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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