Allahabad Bank Ambala Ambala Haryana MICR CODE

Find MICR Codes for Allahabad Bank Ambala Ambala Haryana

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MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sector 8C Madhya Marg Chandigarh
Contact Shri S.P.Batra,Shri Surider Singh,Shri Vimal Bansal
Bank Details Allahabad Bank Sector 8C Madhya Marg Chandigarh ALLA0210369
Location Ambala, Ambala
City Ambala
District Ambala
State Haryana
Pincode 160017
Country IN
Address Sco 90-91-92 sector-8c, madhya marg chandigarh, u.t., pin-160017
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 160010003 for Sector 8C Madhya Marg 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 160010003 of Allahabad Bank, Sector 8C Madhya Marg Chandigarh branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Sector 8C Madhya Marg Chandigarh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Allahabad Bank are available with micr code -

>>Aliyaspur >>Ambala City >>Bara >>Binjalpur >>Machchaunda >>Sector 8C Madhya Marg Chandigarh >>Shahpur

MICR code for Allahabad Bank Sector 8C Madhya Marg 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 Sector 8C Madhya Marg 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. 160010003 is the MICR code of Allahabad Bank for Sector 8C Madhya Marg Chandigarh branch. MICR code for Sector 8C Madhya Marg 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 Sector 8C Madhya Marg Chandigarh is presented in the table alongside.

Use of Allahabad Bank MICR code for Sector 8C Madhya Marg Chandigarh branch in ambala

The MICR code 160010003 is used in RBI cheque clearing process to identify the branch Sector 8C Madhya Marg 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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