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Allahabad Bank Hingna Nagpur Maharashtra MICR CODE

Find MICR Codes for Allahabad Bank Hingna Nagpur Maharashtra

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hingna Road
Contact Mr Ashish B Bahile, 9975069627,Mr Raviteja Sankuri, 9730959849
Bank Details Allahabad Bank Hingna Road ALLA0212639
Location Hingna, Nagpur
City Hingna
District Nagpur
State Maharashtra
Pincode 440019
Country IN
Address Survey no - 127/2,priyadarshani engineering college campus,hingna road, hingna,dist-nagpur (maharashtra),pin code - 440019
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 440010010 for Hingna Road 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 440010010 of Allahabad Bank, Hingna Road branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Hingna Road 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 -

>>Hingna Road

MICR code for Allahabad Bank Hingna Road

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 Hingna Road 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. 440010010 is the MICR code of Allahabad Bank for Hingna Road branch. MICR code for Hingna Road 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 Hingna Road is presented in the table alongside.

Use of Allahabad Bank MICR code for Hingna Road branch in hingna

The MICR code 440010010 is used in RBI cheque clearing process to identify the branch Hingna Road 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.