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Allahabad Bank Fatwah Patna Bihar MICR CODE

Find MICR Codes for Allahabad Bank Fatwah Patna Bihar

Bank
State
District
City
Branch
Address

MICR Code	800010507
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Macchariyawan
Contact	S.K. Sinha 9334876523
Bank Details	Allahabad Bank Macchariyawan ALLA0211138

Location	Fatwah, Patna
City	Fatwah
District	Patna
State	Bihar
Pincode	803201
Country	IN
Address	Vill. Machhariyawan po: bankipore via - fatwah dist -patna

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 800010507 for Macchariyawan 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 800010507 of Allahabad Bank, Macchariyawan branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Macchariyawan 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 -

>>Macchariyawan

MICR code for Allahabad Bank Macchariyawan

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 Macchariyawan 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. 800010507 is the MICR code of Allahabad Bank for Macchariyawan branch. MICR code for Macchariyawan 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 Macchariyawan is presented in the table alongside.

Use of Allahabad Bank MICR code for Macchariyawan branch in fatwah

The MICR code 800010507 is used in RBI cheque clearing process to identify the branch Macchariyawan 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.