Allahabad Bank Samana Patiala Punjab MICR CODE

Find MICR Codes for Allahabad Bank Samana Patiala Punjab

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MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Samana
Contact R.K. Gupta : 9417088556 , Suyash Negi : 7508306029
Bank Details Allahabad Bank Samana ALLA0212583
Location Samana, Patiala
City Samana
District Patiala
State Punjab
Pincode 147101
Country IN
Address Near old bus stand, near state bank of patiala, pratap colony samana distt patiala 147101
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 Samana 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, Samana branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Samana 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 -

>>Samana

MICR code for Allahabad Bank Samana

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 Samana 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 Samana branch. MICR code for Samana 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 Samana is presented in the table alongside.

Use of Allahabad Bank MICR code for Samana branch in samana

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