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Allahabad Bank Bareilly Bareilly Uttar Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Bareilly Bareilly Uttar Pradesh

Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ladpur
Contact 7599322527
Bank Details Allahabad Bank Ladpur ALLA0213474
Location Bareilly, Bareilly
City Bareilly
District Bareilly
State Uttar Pradesh
Pincode 243122
Country IN
Address Allahabad bank,ladpur branch, c/o sri nathu lal, vill  ladpur, po - bhojipura, distt.  bareilly (u.p. ) - 243122
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 243010503 for Ladpur 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 243010503 of Allahabad Bank, Ladpur branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Ladpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of Allahabad Bank are available with micr code -

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MICR code for Allahabad Bank Ladpur

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 Ladpur 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. 243010503 is the MICR code of Allahabad Bank for Ladpur branch. MICR code for Ladpur 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 Ladpur is presented in the table alongside.

Use of Allahabad Bank MICR code for Ladpur branch in bareilly

The MICR code 243010503 is used in RBI cheque clearing process to identify the branch Ladpur 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.