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Allahabad Bank Bhopal Bhopal Madhya Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Bhopal Bhopal Madhya Pradesh

Bank
State
District
City
Branch
Address

MICR Code	462010014
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Koluakalan
Contact	Padam Kudesia,Mr Yuv Raj Chauhan,Pratibha Kulkarni Phone -9826055365
Bank Details	Allahabad Bank Koluakalan ALLA0210527

Location	Bhopal, Bhopal
City	Bhopal
District	Bhopal
State	Madhya Pradesh
Pincode	462010
Country	IN
Address	13 a g sector industrial area j.k. Road bhopal

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 462010014 for Koluakalan 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 462010014 of Allahabad Bank, Koluakalan branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Koluakalan branch, makes the characters readable even if there are other marks and stamps on it.

A total of 22 branches of Allahabad Bank are available with micr code -

>>Bairagarh >>Bangali Chouraha >>Bhopal Arera Colony >>Bhopal Bhel Township >>Bhopal Chhola Road >>Bhopal Habibganj >>Bhopal Hamidia Road (Main) >>Bhopal Kotwali Road >>Capc Bhopal >>Champion School >>Gautam Nagar Bhopal >>Harda >>Iifm >>Jahangirabad >>Kolar Road Bhopal >>Koluakalan >>M.P. Housing Board Bhopal >>Mata Mandir >>Mp Police Housing Corporation >>Royal Market >>Tt Nagar Bhopal >>Ttti

MICR code for Allahabad Bank Koluakalan

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 Koluakalan 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. 462010014 is the MICR code of Allahabad Bank for Koluakalan branch. MICR code for Koluakalan 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 Koluakalan is presented in the table alongside.

Use of Allahabad Bank MICR code for Koluakalan branch in bhopal

The MICR code 462010014 is used in RBI cheque clearing process to identify the branch Koluakalan 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.