MICR Code: 160010016

Bank: Allahabad Bank
IFSC Code: Alla0212582
MICR Code: 160010016
Address: Near Swaghat Regency, Chandigarh Ambala Highway, Dera Basi, Dist - Mohali ( Punjab) Pin - 140507
City: Rupnagar
District: Sas Nagar(Mohali)
State: Punjab

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 160010016.

  • In this case first three codes 160 is city code and it represents city Rupnagar.
  • Next three characters 010 represents bank Allahabad Bank.
  • Remaining characters which are 016 represents branch. In our case branch is located at address Near Swaghat Regency, Chandigarh Ambala Highway, Dera Basi, Dist - Mohali ( Punjab) Pin - 140507.

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.