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Allahabad Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for Allahabad Bank Chennai Chennai Tamil Nadu

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bangalore Jayanagar
Contact Mr.Athiramilaku K (Chief Manager), Mr. Swaine(Senior Manager)
Bank Details Allahabad Bank Bangalore Jayanagar ALLA0211819
Location Chennai, Chennai
City Chennai
District Chennai
State Tamil Nadu
Pincode 560041
Country IN
Address 1540/22,39 e-cross,22 main road,4th t block,jayanagar dist-banglaore,pin- 560041
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 560010005 for Bangalore Jayanagar 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 560010005 of Allahabad Bank, Bangalore Jayanagar branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Bangalore Jayanagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Allahabad Bank Bangalore Jayanagar

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 Bangalore Jayanagar 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. 560010005 is the MICR code of Allahabad Bank for Bangalore Jayanagar branch. MICR code for Bangalore Jayanagar 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 Bangalore Jayanagar is presented in the table alongside.

Use of Allahabad Bank MICR code for Bangalore Jayanagar branch in chennai

The MICR code 560010005 is used in RBI cheque clearing process to identify the branch Bangalore Jayanagar 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.