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Allahabad Bank Lakhisarai Lakhisarai Bihar MICR CODE

Find MICR Codes for Allahabad Bank Lakhisarai Lakhisarai Bihar

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Lakhisarai
Contact 9570371440
Bank Details Allahabad Bank Lakhisarai ALLA0213239
Location Lakhisarai, Lakhisarai
City Lakhisarai
District Lakhisarai
State Bihar
Pincode 811311
Country IN
Address Near thana chowk, purani bazar, lakhisarai (bihar) pin- 811311
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 lakhisarai

You can search through MICR Codes of Bihar branches in lakhisarai of District lakhisarai in Bihar State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Allahabad Bank are available with micr code -

>>Lakhisarai

How to find MICR codes for Allahabad Bank in lakhisarai?

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

Allahabad Bank MICR code in lakhisarai

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