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Allahabad Bank Satna Satna Madhya Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Satna Satna Madhya Pradesh

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ghum Katra
Contact M.K.Goel 93029-73518
Bank Details Allahabad Bank Ghum Katra ALLA0210842
Location Satna, Satna
City Satna
District Satna
State Madhya Pradesh
Pincode 485001
Country IN
Address Allahabad bank,vill&po ghumkatra distt rewa
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 486010008 for Ghum Katra 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 486010008 of Allahabad Bank, Ghum Katra branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Ghum Katra branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Allahabad Bank Ghum Katra

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 Ghum Katra 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. 486010008 is the MICR code of Allahabad Bank for Ghum Katra branch. MICR code for Ghum Katra 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 Ghum Katra is presented in the table alongside.

Use of Allahabad Bank MICR code for Ghum Katra branch in satna

The MICR code 486010008 is used in RBI cheque clearing process to identify the branch Ghum Katra 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.