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Allahabad Bank Indore Indore Madhya Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Indore Indore Madhya Pradesh

Bank
State
District
City
Branch
Address

MICR Code	452010006
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Indore Bhawar Kuan
Contact	Pradeep Godbole 0731-2366401, Nidhi Dhanotiya 0731-2366401
Bank Details	Allahabad Bank Indore Bhawar Kuan ALLA0212502

Location	Indore, Indore
City	Indore
District	Indore
State	Madhya Pradesh
Pincode	452001
Country	IN
Address	17, professor colony, wadhwani chamber bhanwarkuan road,indore,452001,

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 452010006 for Indore Bhawar Kuan 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 452010006 of Allahabad Bank, Indore Bhawar Kuan branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Indore Bhawar Kuan branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Allahabad Bank are available with micr code -

>>Airport Road Indore >>Annapurna Nagar Indore >>Indore Bhawar Kuan >>Indore Main >>Kanadia >>Vijay Nagar

MICR code for Allahabad Bank Indore Bhawar Kuan

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 Indore Bhawar Kuan 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. 452010006 is the MICR code of Allahabad Bank for Indore Bhawar Kuan branch. MICR code for Indore Bhawar Kuan 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 Indore Bhawar Kuan is presented in the table alongside.

Use of Allahabad Bank MICR code for Indore Bhawar Kuan branch in indore

The MICR code 452010006 is used in RBI cheque clearing process to identify the branch Indore Bhawar Kuan 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.