Allahabad Bank Mani Majra Chandigarh Chandigarh MICR CODE

Find MICR Codes for Allahabad Bank Mani Majra Chandigarh Chandigarh

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MICR Code	160010202
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Manimajra
Contact	Anil Kumar, 9041791503
Bank Details	Allahabad Bank Manimajra ALLA0212570

Location	Mani Majra, Chandigarh
City	Mani Majra
District	Chandigarh
State	Chandigarh
Pincode	160101
Country	IN
Address	Scf-293, motor market, manimajra, chandigarh, pin-160101

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 160010202 for Manimajra 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 160010202 of Allahabad Bank, Manimajra branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Manimajra 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 -

>>Manimajra

MICR code for Allahabad Bank Manimajra

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 Manimajra 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. 160010202 is the MICR code of Allahabad Bank for Manimajra branch. MICR code for Manimajra 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 Manimajra is presented in the table alongside.

Use of Allahabad Bank MICR code for Manimajra branch in mani majra

The MICR code 160010202 is used in RBI cheque clearing process to identify the branch Manimajra 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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