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Allahabad Bank Jabalpur Jabalpur Madhya Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Jabalpur Jabalpur Madhya Pradesh

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jabalpur Shastri Marg
Contact Vinod Puranik,Srikanth Yadav,0761-2407090
Bank Details Allahabad Bank Jabalpur Shastri Marg ALLA0210200
Location Jabalpur, Jabalpur
City Jabalpur
District Jabalpur
State Madhya Pradesh
Pincode 482002
Country IN
Address Near shastri marg bus stand, dist jabalpur - 482 002 madhya pradesh
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 482010003 for Jabalpur Shastri Marg 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 482010003 of Allahabad Bank, Jabalpur Shastri Marg branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Jabalpur Shastri Marg branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Allahabad Bank Jabalpur Shastri Marg

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 Jabalpur Shastri Marg 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. 482010003 is the MICR code of Allahabad Bank for Jabalpur Shastri Marg branch. MICR code for Jabalpur Shastri Marg 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 Jabalpur Shastri Marg is presented in the table alongside.

Use of Allahabad Bank MICR code for Jabalpur Shastri Marg branch in jabalpur

The MICR code 482010003 is used in RBI cheque clearing process to identify the branch Jabalpur Shastri Marg 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.