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Allahabad Bank Bangalaru Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Allahabad Bank Bangalaru Bangalore Urban Karnataka

Bank
State
District
City
Branch
Address

MICR Code	560010012
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Banasankari Bangalore
Contact	V Madhusudan Naik, Kanta Raju,080-26698444
Bank Details	Allahabad Bank Banasankari Bangalore ALLA0212314

Location	Bangalaru, Bangalore Urban
City	Bangalaru
District	Bangalore Urban
State	Karnataka
Pincode	560085
Country	IN
Address	297, 100ft ring road, banasankari, 3rd stage, bangalore - 560085

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 560010012 for Banasankari Bangalore 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 560010012 of Allahabad Bank, Banasankari Bangalore branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Banasankari Bangalore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Allahabad Bank are available with micr code -

>>Banasankari Bangalore

MICR code for Allahabad Bank Banasankari Bangalore

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 Banasankari Bangalore 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. 560010012 is the MICR code of Allahabad Bank for Banasankari Bangalore branch. MICR code for Banasankari Bangalore 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 Banasankari Bangalore is presented in the table alongside.

Use of Allahabad Bank MICR code for Banasankari Bangalore branch in bangalaru

The MICR code 560010012 is used in RBI cheque clearing process to identify the branch Banasankari Bangalore 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.