Let Others Know
×
LinkedIn
Email
WhatsApp

Allahabad Bank Buxar Buxar Bihar MICR CODE

Find MICR Codes for Allahabad Bank Buxar Buxar Bihar

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Buxar
Contact Atanu Sarkar, Sunil Kumar,01683-222005
Bank Details Allahabad Bank Buxar ALLA0210008
Location Buxar, Buxar
City Buxar
District Buxar
State Bihar
Pincode 802101
Country IN
Address Naya chowk buxar dist. Buxar,pin -802101 dist- buxar bihar 802101
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 802010002 for Buxar 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 802010002 of Allahabad Bank, Buxar branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Buxar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Allahabad Bank are available with micr code -

>>Buxar >>Chilhari (Rural) >>Itarhia >>Purana Bhojpur >>Uttampur

MICR code for Allahabad Bank Buxar

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 Buxar 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. 802010002 is the MICR code of Allahabad Bank for Buxar branch. MICR code for Buxar 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 Buxar is presented in the table alongside.

Use of Allahabad Bank MICR code for Buxar branch in buxar

The MICR code 802010002 is used in RBI cheque clearing process to identify the branch Buxar 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.