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Allahabad Bank Madhopur Darbhanga Bihar MICR CODE

Find MICR Codes for Allahabad Bank Madhopur Darbhanga Bihar

Bank
State
District
City
Branch
Address

MICR Code	845010503
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Madhopur
Contact	Ajay Prakash:-9334493905
Bank Details	Allahabad Bank Madhopur ALLA0211317

Location	Madhopur, Darbhanga
City	Madhopur
District	Darbhanga
State	Bihar
Pincode	845437
Country	IN
Address	Vill-po-madhopur dist- e champaran

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 845010503 for Madhopur 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 845010503 of Allahabad Bank, Madhopur branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Madhopur 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 -

>>Madhopur

MICR code for Allahabad Bank Madhopur

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 Madhopur 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. 845010503 is the MICR code of Allahabad Bank for Madhopur branch. MICR code for Madhopur 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 Madhopur is presented in the table alongside.

Use of Allahabad Bank MICR code for Madhopur branch in madhopur

The MICR code 845010503 is used in RBI cheque clearing process to identify the branch Madhopur 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.