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Allahabad Bank Shravasti Shravasti Uttar Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Shravasti Shravasti Uttar Pradesh

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Laxman Nagar Mod
Contact 8739010025
Bank Details Allahabad Bank Laxman Nagar Mod ALLA0213467
Location Shravasti, Shravasti
City Shravasti
District Shravasti
State Uttar Pradesh
Pincode 271804
Country IN
Address Village and post fatuhapur, laxman nagar mod, tehsil-bhinga, district-shravasti, pincode 271804
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 271010306 for Laxman Nagar Mod 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 271010306 of Allahabad Bank, Laxman Nagar Mod branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Laxman Nagar Mod branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Laxman Nagar Mod

MICR code for Allahabad Bank Laxman Nagar Mod

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 Laxman Nagar Mod 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. 271010306 is the MICR code of Allahabad Bank for Laxman Nagar Mod branch. MICR code for Laxman Nagar Mod 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 Laxman Nagar Mod is presented in the table alongside.

Use of Allahabad Bank MICR code for Laxman Nagar Mod branch in shravasti

The MICR code 271010306 is used in RBI cheque clearing process to identify the branch Laxman Nagar Mod 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.