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Allahabad Bank Karai Parasurai Nalanda Bihar MICR CODE

Find MICR Codes for Allahabad Bank Karai Parasurai Nalanda Bihar

Bank
State
District
City
Branch
Address

MICR Code	803010505
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Karai Parsurai
Contact	Vijay Kumar, Raj Kumari, 9334102938
Bank Details	Allahabad Bank Karai Parsurai ALLA0210849

Location	Karai Parasurai, Nalanda
City	Karai Parasurai
District	Nalanda
State	Bihar
Pincode	801304
Country	IN
Address	Vill. & p.o. Karai parasurai, dist -nalanda - 801304

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 803010505 for Karai Parsurai 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 803010505 of Allahabad Bank, Karai Parsurai branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Karai Parsurai 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 -

>>Karai Parsurai

MICR code for Allahabad Bank Karai Parsurai

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 Karai Parsurai 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. 803010505 is the MICR code of Allahabad Bank for Karai Parsurai branch. MICR code for Karai Parsurai 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 Karai Parsurai is presented in the table alongside.

Use of Allahabad Bank MICR code for Karai Parsurai branch in karai parasurai

The MICR code 803010505 is used in RBI cheque clearing process to identify the branch Karai Parsurai 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.