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Allahabad Bank Damanjodi Koraput Orissa MICR CODE

Find MICR Codes for Allahabad Bank Damanjodi Koraput Orissa

Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Damanjodi
Contact S Sahu 06853-255484
Bank Details Allahabad Bank Damanjodi ALLA0211210
Location Damanjodi, Koraput
City Damanjodi
District Koraput
State Orissa
Pincode 763008
Country IN
Address Vill. & p.o. Damanjodi dist. Koraput - 763 008,orissa
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 Damanjodi 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, Damanjodi branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Damanjodi 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 -


MICR code for Allahabad Bank Damanjodi

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 Damanjodi 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 Damanjodi branch. MICR code for Damanjodi 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 Damanjodi is presented in the table alongside.

Use of Allahabad Bank MICR code for Damanjodi branch in damanjodi

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