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Allahabad Bank Kolhapur Kolhapur Maharashtra MICR CODE

Find MICR Codes for Allahabad Bank Kolhapur Kolhapur Maharashtra

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kolhapur
Contact V.D. Manjare, R.V. Belagali 0231-2652366
Bank Details Allahabad Bank Kolhapur ALLA0211041
Location Kolhapur, Kolhapur
City Kolhapur
District Kolhapur
State Maharashtra
Pincode 416001
Country IN
Address Kanchan junga building,204e ward, new shahupuri,station road,kolhapur,maharashtra
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 kolhapur

You can search through MICR Codes of Maharashtra branches in kolhapur of District kolhapur in Maharashtra 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-

>>Kolhapur

How to find MICR codes for Allahabad Bank in kolhapur?

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

Allahabad Bank MICR code in kolhapur

Allahabad Bank MICR code is a character recognition technology used by banks in the processing of cheques. Allahabad Bank MICR code for kolhapur 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 kolhapur, 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 kolhapur 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 kolhapur 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 kolhapur branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Allahabad Bank MICR codes for kolhapur branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!