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Allahabad Bank Junagadh Junagadh Gujarat MICR CODE

Find MICR Codes for Allahabad Bank Junagadh Junagadh Gujarat

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Junagadh City Mkt. Yard
Contact L P Gupta, B Vaidya, 0285-2661970
Bank Details Allahabad Bank Junagadh City Mkt. Yard ALLA0211894
Location Junagadh, Junagadh
City Junagadh
District Junagadh
State Gujarat
Pincode 362037
Country IN
Address (city marketing yard) agri yard,p.o. Daulatpara, dist - junagarh,gujarat 362037
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 362010001 for Junagadh City Mkt. Yard 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 362010001 of Allahabad Bank, Junagadh City Mkt. Yard branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Junagadh City Mkt. Yard 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 -

>>Junagadh City Mkt. Yard

MICR code for Allahabad Bank Junagadh City Mkt. Yard

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 Junagadh City Mkt. Yard 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. 362010001 is the MICR code of Allahabad Bank for Junagadh City Mkt. Yard branch. MICR code for Junagadh City Mkt. Yard 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 Junagadh City Mkt. Yard is presented in the table alongside.

Use of Allahabad Bank MICR code for Junagadh City Mkt. Yard branch in junagadh

The MICR code 362010001 is used in RBI cheque clearing process to identify the branch Junagadh City Mkt. Yard 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.