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Allahabad Bank Kareli Narsimhapur Madhya Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Kareli Narsimhapur Madhya Pradesh

Bank
State
District
City
Branch
Address

MICR Code	487010506
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kareli
Contact	8962951492
Bank Details	Allahabad Bank Kareli ALLA0213486

Location	Kareli, Narsimhapur
City	Kareli
District	Narsimhapur
State	Madhya Pradesh
Pincode	487221
Country	IN
Address	Chaudhary pravin singh kauraw, chaudhary complex, nh - 26, mahendra ward, adjacent to mpeb colony, kareli, narsinghpur - 487221

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 487010506 for Kareli 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 487010506 of Allahabad Bank, Kareli branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Kareli 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 -

>>Kareli

MICR code for Allahabad Bank Kareli

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 Kareli 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. 487010506 is the MICR code of Allahabad Bank for Kareli branch. MICR code for Kareli 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 Kareli is presented in the table alongside.

Use of Allahabad Bank MICR code for Kareli branch in kareli

The MICR code 487010506 is used in RBI cheque clearing process to identify the branch Kareli 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.