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Allahabad Bank Magudanchavadi Salem Tamil Nadu MICR CODE

Find MICR Codes for Allahabad Bank Magudanchavadi Salem Tamil Nadu

Bank
State
District
City
Branch
Address

MICR Code	636010003
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Magudanchavadi
Contact	S Murugadas, Velavan, 04283-257713
Bank Details	Allahabad Bank Magudanchavadi ALLA0210736

Location	Magudanchavadi, Salem
City	Magudanchavadi
District	Salem
State	Tamil Nadu
Pincode	637103
Country	IN
Address	Sankagiri main road,magudanchavadi, taluk - sankaridurg, district - salem, tamilnadu - 637 103

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 636010003 for Magudanchavadi 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 636010003 of Allahabad Bank, Magudanchavadi branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Magudanchavadi 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 -

>>Magudanchavadi

MICR code for Allahabad Bank Magudanchavadi

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 Magudanchavadi 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. 636010003 is the MICR code of Allahabad Bank for Magudanchavadi branch. MICR code for Magudanchavadi 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 Magudanchavadi is presented in the table alongside.

Use of Allahabad Bank MICR code for Magudanchavadi branch in magudanchavadi

The MICR code 636010003 is used in RBI cheque clearing process to identify the branch Magudanchavadi 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.