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Allahabad Bank Allahabad Allahabad Uttar Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Allahabad Allahabad Uttar Pradesh

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Allahabad Kareli Hsg. Sch.
Contact Mr. Sharma
Bank Details Allahabad Bank Allahabad Kareli Hsg. Sch. ALLA0211131
Location Allahabad, Allahabad
City Allahabad
District Allahabad
State Uttar Pradesh
Pincode 211003
Country IN
Address House no.c-883,kareli housing scheme,district-allahabad
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 Allahabad Kareli Hsg. Sch. 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, Allahabad Kareli Hsg. Sch. branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Allahabad Kareli Hsg. Sch. branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Allahabad Bank Allahabad Kareli Hsg. Sch.

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 Allahabad Kareli Hsg. Sch. 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 Allahabad Kareli Hsg. Sch. branch. MICR code for Allahabad Kareli Hsg. Sch. 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 Allahabad Kareli Hsg. Sch. is presented in the table alongside.

Use of Allahabad Bank MICR code for Allahabad Kareli Hsg. Sch. branch in allahabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Allahabad Kareli Hsg. Sch. 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.