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Allahabad Bank Gumla Gumla Jharkhand MICR CODE

Find MICR Codes for Allahabad Bank Gumla Gumla Jharkhand

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gumla
Contact B.C.Xaxa 06524-224883,Ranthu Oraon
Bank Details Allahabad Bank Gumla ALLA0212213
Location Gumla, Gumla
City Gumla
District Gumla
State Jharkhand
Pincode 835207
Country IN
Address Sharda market complex, 1st floor, sahid chowk, palkot road, p.o & dist-gumla, jharkhand
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 835010102 for Gumla 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 835010102 of Allahabad Bank, Gumla branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Gumla 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 -

>>Gumla

MICR code for Allahabad Bank Gumla

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 Gumla 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. 835010102 is the MICR code of Allahabad Bank for Gumla branch. MICR code for Gumla 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 Gumla is presented in the table alongside.

Use of Allahabad Bank MICR code for Gumla branch in gumla

The MICR code 835010102 is used in RBI cheque clearing process to identify the branch Gumla 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.