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Allahabad Bank Chandrapur Janjgir Champa Chhattisgarh MICR CODE

Find MICR Codes for Allahabad Bank Chandrapur Janjgir Champa Chhattisgarh

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chandrapur
Contact R J Rao, 9425586343, A K Parhi, 9981215123
Bank Details Allahabad Bank Chandrapur ALLA0210820
Location Chandrapur, Janjgir Champa
City Chandrapur
District Janjgir Champa
State Chhattisgarh
Pincode 495692
Country IN
Address Chandrapur, panchayat bhawan, p.o. & vill – chandrapur, dist-janjgir-champa(cg), pin – 495692
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 0 for Chandrapur 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 0 of Allahabad Bank, Chandrapur branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Chandrapur 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 -

>>Chandrapur

MICR code for Allahabad Bank Chandrapur

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 Chandrapur 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. 0 is the MICR code of Allahabad Bank for Chandrapur branch. MICR code for Chandrapur 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 Chandrapur is presented in the table alongside.

Use of Allahabad Bank MICR code for Chandrapur branch in chandrapur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Chandrapur 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.