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Allahabad Bank Lucknow Lucknow Uttar Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Lucknow Lucknow Uttar Pradesh

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Aish Bagh
Contact R K Agarwal, Satya Ram,0522-2693505
Bank Details Allahabad Bank Aish Bagh ALLA0210567
Location Lucknow, Lucknow
City Lucknow
District Lucknow
State Uttar Pradesh
Pincode 226004
Country IN
Address 274/292, aish bagh road rajendranagar, aish bagh lucknow - uttar pradesh 226004
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 226010003 for Aish Bagh 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 226010003 of Allahabad Bank, Aish Bagh branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Aish Bagh branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Allahabad Bank Aish Bagh

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 Aish Bagh 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. 226010003 is the MICR code of Allahabad Bank for Aish Bagh branch. MICR code for Aish Bagh 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 Aish Bagh is presented in the table alongside.

Use of Allahabad Bank MICR code for Aish Bagh branch in lucknow

The MICR code 226010003 is used in RBI cheque clearing process to identify the branch Aish Bagh 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.