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Allahabad Bank Khunti Ranchi Jharkhand MICR CODE

Find MICR Codes for Allahabad Bank Khunti Ranchi Jharkhand

Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Khunti
Contact P.K.Singhdeo 06528-221795, Mukul Rahul Ecka
Bank Details Allahabad Bank Khunti ALLA0212469
Location Khunti, Ranchi
City Khunti
District Ranchi
State Jharkhand
Pincode 835201
Country IN
Address Sanjay jaiswal c/o s.k. Stores, holding no-38, main road,khunti-835201
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 Khunti 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, Khunti branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Khunti 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 -


MICR code for Allahabad Bank Khunti

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 Khunti 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 Khunti branch. MICR code for Khunti 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 Khunti is presented in the table alongside.

Use of Allahabad Bank MICR code for Khunti branch in khunti

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