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Allahabad Bank Khandwa East Nimar Madhya Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Khandwa East Nimar Madhya Pradesh

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Khandwa
Contact Sh. Kapil Garg , 9425109443, Sh. Anshul Parik, 7489076301
Bank Details Allahabad Bank Khandwa ALLA0212840
Location Khandwa, East Nimar
City Khandwa
District East Nimar
State Madhya Pradesh
Pincode 450001
Country IN
Address Plot no.13, pandhana main road ,khandwa-450001
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.

Search Allahabad Bank MICR Codes in east nimar

You can search through MICR Codes of Madhya Pradesh branches in khandwa of District east nimar in Madhya Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

Allahabad Bank branches with micr codes are available in 1 cities-

>>Khandwa

How to find MICR codes for Allahabad Bank in khandwa?

Allahabad Bank khandwa MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Allahabad Bank MICR codes list for khandwa, one can further search by branch name specified in the table. You can find MICR codes for all Allahabad Bank khandwa branches.

Allahabad Bank MICR code in khandwa

Allahabad Bank MICR code is a character recognition technology used by banks in the processing of cheques. Allahabad Bank MICR code for khandwa branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Allahabad Bank branches in khandwa, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Allahabad Bank MICR code for khandwa branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Allahabad Bank khandwa branch, sprinted 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. Thus MICR code for Allahabad Bank khandwa branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Allahabad Bank MICR codes for khandwa branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!