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Allahabad Bank Guwahati Kamrup Assam MICR CODE

Find MICR Codes for Allahabad Bank Guwahati Kamrup Assam

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Lakhtokia
Contact 0361-2543229
Bank Details Allahabad Bank Lakhtokia ALLA0211774
Location Guwahati, Kamrup
City Guwahati
District Kamrup
State Assam
Pincode 781001
Country IN
Address Lakhtokia branch, allahabad bank, s s road , fancy bazar , guwahati-781001
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 781010006 for Lakhtokia 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 781010006 of Allahabad Bank, Lakhtokia branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Lakhtokia branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Allahabad Bank are available with micr code -

>>G S Road Guwahati >>Guwahati Jawahar Nagar >>Guwahati Main Branch >>Guwahati Main Branch >>Lakhtokia >>Lumshnong >>Panbazar Branch >>S R C B Road

MICR code for Allahabad Bank Lakhtokia

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 Lakhtokia 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. 781010006 is the MICR code of Allahabad Bank for Lakhtokia branch. MICR code for Lakhtokia 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 Lakhtokia is presented in the table alongside.

Use of Allahabad Bank MICR code for Lakhtokia branch in guwahati

The MICR code 781010006 is used in RBI cheque clearing process to identify the branch Lakhtokia 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.