Let Others Know

Allahabad Bank Vishakapatnam Gudivada Andhra Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Vishakapatnam Gudivada Andhra Pradesh

Bank
State
District
City
Branch
Address

MICR Code	523010102
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Guddivada
Contact	9963627116
Bank Details	Allahabad Bank Guddivada ALLA0213376

Location	Vishakapatnam, Gudivada
City	Vishakapatnam
District	Gudivada
State	Andhra Pradesh
Pincode	521301
Country	IN
Address	D no 16/331-1, shop nos. 1,2,26 & 27, kinnera commercial complex opposite bus stand, gudivada, sn puram krishna district 521301

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 523010102 for Guddivada 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 523010102 of Allahabad Bank, Guddivada branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Guddivada 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 -

>>Guddivada

MICR code for Allahabad Bank Guddivada

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 Guddivada 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. 523010102 is the MICR code of Allahabad Bank for Guddivada branch. MICR code for Guddivada 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 Guddivada is presented in the table alongside.

Use of Allahabad Bank MICR code for Guddivada branch in vishakapatnam

The MICR code 523010102 is used in RBI cheque clearing process to identify the branch Guddivada 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.