MICR Code: 160010021

Bank: Allahabad Bank
IFSC Code: Alla0212926
MICR Code: 160010021
Address: Shop No.46, Old Kamla Market, Mohali Phase1, Mohali160055
City: Rupnagar
District: Sas Nagar
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 160010021.

  • 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 021 represents branch. In our case branch is located at address Shop No.46, Old Kamla Market, Mohali Phase1, Mohali160055.

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.