Let Others Know
×
LinkedIn
Email
WhatsApp

Allahabad Bank Begumpur Hugli West Bengal MICR CODE

Find MICR Codes for Allahabad Bank Begumpur Hugli West Bengal

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Begumpur
Contact Chandan Roy 09434545857, Subhendu Das 09163446347
Bank Details Allahabad Bank Begumpur ALLA0210227
Location Begumpur, Hugli
City Begumpur
District Hugli
State West Bengal
Pincode 712306
Country IN
Address Vill. P.o. Begampur,dist. Hooghly,west benbal 712306
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 700010150 for Begumpur 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 700010150 of Allahabad Bank, Begumpur branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Begumpur 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 -

>>Begumpur

MICR code for Allahabad Bank Begumpur

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 Begumpur 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. 700010150 is the MICR code of Allahabad Bank for Begumpur branch. MICR code for Begumpur 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 Begumpur is presented in the table alongside.

Use of Allahabad Bank MICR code for Begumpur branch in begumpur

The MICR code 700010150 is used in RBI cheque clearing process to identify the branch Begumpur 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.