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Allahabad Bank Patna Patna Bihar MICR CODE

Find MICR Codes for Allahabad Bank Patna Patna Bihar

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch L N Mishra Institute Of Ed And S C
Contact Sanchit Kumar,0612-2505495
Bank Details Allahabad Bank L N Mishra Institute Of Ed And S C ALLA0212458
Location Patna, Patna
City Patna
District Patna
State Bihar
Pincode 800001
Country IN
Address Lalit narayan mishra institute of eco.dev & social changes,1,balley road,near patna high court,bihar-80001
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 L N Mishra Institute Of Ed And S C 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, L N Mishra Institute Of Ed And S C branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for L N Mishra Institute Of Ed And S C branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Allahabad Bank L N Mishra Institute Of Ed And S C

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 L N Mishra Institute Of Ed And S C 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 L N Mishra Institute Of Ed And S C branch. MICR code for L N Mishra Institute Of Ed And S C 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 L N Mishra Institute Of Ed And S C is presented in the table alongside.

Use of Allahabad Bank MICR code for L N Mishra Institute Of Ed And S C branch in patna

The MICR code 0 is used in RBI cheque clearing process to identify the branch L N Mishra Institute Of Ed And S C 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.