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Allahabad Bank Bannerghatta Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Allahabad Bank Bannerghatta Bangalore Urban Karnataka

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bannerghatta
Contact Rashmi Prabhakar Rao, Sumit Singh, 0961167505
Bank Details Allahabad Bank Bannerghatta ALLA0212940
Location Bannerghatta, Bangalore Urban
City Bannerghatta
District Bangalore Urban
State Karnataka
Pincode 560076
Country IN
Address Hulimavu arekere, bommanhalli, bannerghatta road, bangalore-560076
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 560010030 for Bannerghatta 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 560010030 of Allahabad Bank, Bannerghatta branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Bannerghatta 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 -

>>Bannerghatta

MICR code for Allahabad Bank Bannerghatta

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 Bannerghatta 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. 560010030 is the MICR code of Allahabad Bank for Bannerghatta branch. MICR code for Bannerghatta 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 Bannerghatta is presented in the table alongside.

Use of Allahabad Bank MICR code for Bannerghatta branch in bannerghatta

The MICR code 560010030 is used in RBI cheque clearing process to identify the branch Bannerghatta 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.