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Allahabad Bank Kharagpur West Medinipur West Bengal MICR CODE

Find MICR Codes for Allahabad Bank Kharagpur West Medinipur West Bengal

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kharagpur Railway Market
Contact 03222-255716 no Fax
Bank Details Allahabad Bank Kharagpur Railway Market ALLA0211720
Location Kharagpur, West Medinipur
City Kharagpur
District West Medinipur
State West Bengal
Pincode 721301
Country IN
Address Railway market, golebazar, dist: paschim midnapore, kharagpur - 721301
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 0 for Kharagpur Railway Market 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 0 of Allahabad Bank, Kharagpur Railway Market branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Kharagpur Railway Market 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 -

>>Kharagpur Railway Market

MICR code for Allahabad Bank Kharagpur Railway Market

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 Kharagpur Railway Market 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. 0 is the MICR code of Allahabad Bank for Kharagpur Railway Market branch. MICR code for Kharagpur Railway Market 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 Kharagpur Railway Market is presented in the table alongside.

Use of Allahabad Bank MICR code for Kharagpur Railway Market branch in kharagpur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kharagpur Railway Market 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.