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Allahabad Bank Hyderabad Hyderabad Andhra Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Hyderabad Hyderabad Andhra Pradesh

Bank
State
District
City
Branch
Address

MICR Code	500010010
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Hyde Shah Kot
Contact	Pjv Anand Pani 09908550011, Sushant Kumar Ray 040-65862141
Bank Details	Allahabad Bank Hyde Shah Kot ALLA0212229

Location	Hyderabad, Hyderabad
City	Hyderabad
District	Hyderabad
State	Andhra Pradesh
Pincode	500008
Country	IN
Address	P.o.golconda, rajendra nagar mandal, hyderabad

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 500010010 for Hyde Shah Kot 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 500010010 of Allahabad Bank, Hyde Shah Kot branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Hyde Shah Kot branch, makes the characters readable even if there are other marks and stamps on it.

A total of 15 branches of Allahabad Bank are available with micr code -

>>Avn College >>Banjara Hills >>Buduppal >>Dd Colony >>Gachibowli >>Habsiguda >>Hyde Shah Kot >>Jubilee Hills >>Kukatpally >>Malkajgiri >>Miyapur >>Tollychowki >>Vanasthalipuram Branch >>Wesley Boys Junior School >>Wesley Girls High School

MICR code for Allahabad Bank Hyde Shah Kot

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 Hyde Shah Kot 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. 500010010 is the MICR code of Allahabad Bank for Hyde Shah Kot branch. MICR code for Hyde Shah Kot 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 Hyde Shah Kot is presented in the table alongside.

Use of Allahabad Bank MICR code for Hyde Shah Kot branch in hyderabad

The MICR code 500010010 is used in RBI cheque clearing process to identify the branch Hyde Shah Kot 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.