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Allahabad Bank Karkala Udipi Karnataka MICR CODE

Find MICR Codes for Allahabad Bank Karkala Udipi Karnataka

Bank
State
District
City
Branch
Address

MICR Code	575010003
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Karkala Branch
Contact	Usha Nayak, 09343524558, K.Nagraj, 09886687956
Bank Details	Allahabad Bank Karkala Branch ALLA0212563

Location	Karkala, Udipi
City	Karkala
District	Udipi
State	Karnataka
Pincode	574104
Country	IN
Address	Karkala branch, allahabad bank,darbar building,salmar road, karkala, karnataka-574104

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 575010003 for Karkala Branch 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 575010003 of Allahabad Bank, Karkala Branch branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Karkala Branch 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 -

>>Karkala Branch

MICR code for Allahabad Bank Karkala Branch

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 Karkala Branch 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. 575010003 is the MICR code of Allahabad Bank for Karkala Branch branch. MICR code for Karkala Branch 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 Karkala Branch is presented in the table alongside.

Use of Allahabad Bank MICR code for Karkala Branch branch in karkala

The MICR code 575010003 is used in RBI cheque clearing process to identify the branch Karkala Branch 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.