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Allahabad Bank Bhubaneswar Khorda Orissa MICR CODE

Find MICR Codes for Allahabad Bank Bhubaneswar Khorda Orissa

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Damc Bhubaneswar
Contact
Bank Details Allahabad Bank Damc Bhubaneswar ALLA0213571
Location Bhubaneswar, Khorda
City Bhubaneswar
District Khorda
State Orissa
Pincode 751015
Country IN
Address Allahabad bank,damc bhubaneswar,1st floor , plot no 3/1 b,irc village , nayapalli,bhubaneswar , odisha - 751015
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 Damc Bhubaneswar 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, Damc Bhubaneswar branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Damc Bhubaneswar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Allahabad Bank are available with micr code -

>>Capc Bhubaneswar >>Damc Bhubaneswar

MICR code for Allahabad Bank Damc Bhubaneswar

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 Damc Bhubaneswar 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 Damc Bhubaneswar branch. MICR code for Damc Bhubaneswar 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 Damc Bhubaneswar is presented in the table alongside.

Use of Allahabad Bank MICR code for Damc Bhubaneswar branch in bhubaneswar

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