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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 Gurgaon
Contact 0124-2334590
Bank Details Allahabad Bank Gurgaon ALLA0211938
Location Delhi, New Delhi
City Delhi
District New Delhi
State New Delhi
Pincode 122001
Country IN
Address Sector 4 -7 railway crossing, gurgaon
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 110010041 for Gurgaon 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 110010041 of Allahabad Bank, Gurgaon branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Gurgaon branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Allahabad Bank Gurgaon

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 Gurgaon 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. 110010041 is the MICR code of Allahabad Bank for Gurgaon branch. MICR code for Gurgaon 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 Gurgaon is presented in the table alongside.

Use of Allahabad Bank MICR code for Gurgaon branch in delhi

The MICR code 110010041 is used in RBI cheque clearing process to identify the branch Gurgaon 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.