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Allahabad Bank Bangra Muzaffarpur Bihar MICR CODE

Find MICR Codes for Allahabad Bank Bangra Muzaffarpur Bihar

Bank
State
District
City
Branch
Address

MICR Code	842010501
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Banghra
Contact	Shankar Nath Verma:-9334813702
Bank Details	Allahabad Bank Banghra ALLA0211301

Location	Bangra, Muzaffarpur
City	Bangra
District	Muzaffarpur
State	Bihar
Pincode	843138
Country	IN
Address	Vill-po- banghara dist-muzaffarpur

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 842010501 for Banghra 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 842010501 of Allahabad Bank, Banghra branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Banghra 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 -

>>Banghra

MICR code for Allahabad Bank Banghra

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 Banghra 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. 842010501 is the MICR code of Allahabad Bank for Banghra branch. MICR code for Banghra 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 Banghra is presented in the table alongside.

Use of Allahabad Bank MICR code for Banghra branch in bangra

The MICR code 842010501 is used in RBI cheque clearing process to identify the branch Banghra 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.