Let Others Know
×
LinkedIn
Email
WhatsApp

Allahabad Bank Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for Allahabad Bank Delhi New Delhi New Delhi

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Drm Office
Contact 011-23348573
Bank Details Allahabad Bank Drm Office ALLA0212162
Location Delhi, New Delhi
City Delhi
District New Delhi
State New Delhi
Pincode 110006
Country IN
Address Chemsford road, drm office new delhi railway st.
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 110010059 for Drm Office 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 110010059 of Allahabad Bank, Drm Office branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Drm Office branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Allahabad Bank Drm Office

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 Drm Office 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. 110010059 is the MICR code of Allahabad Bank for Drm Office branch. MICR code for Drm Office 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 Drm Office is presented in the table alongside.

Use of Allahabad Bank MICR code for Drm Office branch in delhi

The MICR code 110010059 is used in RBI cheque clearing process to identify the branch Drm Office 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.