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Allahabad Bank Madhuban Dumka Jharkhand MICR CODE

Find MICR Codes for Allahabad Bank Madhuban Dumka Jharkhand

Bank
State
District
City
Branch
Address

MICR Code	814010503
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Madhuban
Contact	Yogendra Prasad (Bm) 9431876147,Abhishek Ranjan(Po)-9162934510
Bank Details	Allahabad Bank Madhuban ALLA0211167

Location	Madhuban, Dumka
City	Madhuban
District	Dumka
State	Jharkhand
Pincode	814110
Country	IN
Address	P.o.madhuban dist:dumka

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 814010503 for Madhuban 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 814010503 of Allahabad Bank, Madhuban branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Madhuban 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 -

>>Madhuban

MICR code for Allahabad Bank Madhuban

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 Madhuban 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. 814010503 is the MICR code of Allahabad Bank for Madhuban branch. MICR code for Madhuban 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 Madhuban is presented in the table alongside.

Use of Allahabad Bank MICR code for Madhuban branch in madhuban

The MICR code 814010503 is used in RBI cheque clearing process to identify the branch Madhuban 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.