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Allahabad Bank Madhubani Madhubani Bihar MICR CODE

Find MICR Codes for Allahabad Bank Madhubani Madhubani Bihar

Bank
State
District
City
Branch
Address

MICR Code	845010505
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Madhubani Ghat
Contact	9162559406
Bank Details	Allahabad Bank Madhubani Ghat ALLA0213242

Location	Madhubani, Madhubani
City	Madhubani
District	Madhubani
State	Bihar
Pincode	845401
Country	IN
Address	At po- madhubani ghat, main road, near panitanki, p.s.- mufassil, motihari (dist. East champaran) bihar, pin- 845401

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 845010505 for Madhubani Ghat 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 845010505 of Allahabad Bank, Madhubani Ghat branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Madhubani Ghat branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Allahabad Bank are available with micr code -

>>Jhanjharpur >>Madhubani >>Madhubani Ghat

MICR code for Allahabad Bank Madhubani Ghat

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 Madhubani Ghat 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. 845010505 is the MICR code of Allahabad Bank for Madhubani Ghat branch. MICR code for Madhubani Ghat 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 Madhubani Ghat is presented in the table alongside.

Use of Allahabad Bank MICR code for Madhubani Ghat branch in madhubani

The MICR code 845010505 is used in RBI cheque clearing process to identify the branch Madhubani Ghat 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.