Allahabad Bank Hoshiarpur Hoshiarpur Punjab MICR CODE

Find MICR Codes for Allahabad Bank Hoshiarpur Hoshiarpur Punjab

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MICR Code	146010005
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Model Town Hoshiarpur
Contact	01882240130
Bank Details	Allahabad Bank Model Town Hoshiarpur ALLA0213075

Location	Hoshiarpur, Hoshiarpur
City	Hoshiarpur
District	Hoshiarpur
State	Punjab
Pincode	146051
Country	IN
Address	Gole market, model town, opp. Roshan ground, hoshiarpur, pin 146051

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 146010005 for Model Town 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 146010005 of Allahabad Bank, Model Town Hoshiarpur branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Model Town Hoshiarpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Allahabad Bank are available with micr code -

>>Mahilpur >>Model Town Hoshiarpur >>Smdrsd College Pathankhot >>Tanda

MICR code for Allahabad Bank Model Town 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 Model Town 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. 146010005 is the MICR code of Allahabad Bank for Model Town Hoshiarpur branch. MICR code for Model Town 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 Model Town Hoshiarpur is presented in the table alongside.

Use of Allahabad Bank MICR code for Model Town Hoshiarpur branch in hoshiarpur

The MICR code 146010005 is used in RBI cheque clearing process to identify the branch Model Town 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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