Allahabad Bank Markundi Sonbhadra Uttar Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Markundi Sonbhadra Uttar Pradesh

Bank
State
District
City
Branch
Address

MICR Code	231010161
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Markundi
Contact	Sh. K.K.Karn, Br Manager ;05444-286236, Sh.Amit Kumar, P.O.
Bank Details	Allahabad Bank Markundi ALLA0211016

Location	Markundi, Sonbhadra
City	Markundi
District	Sonbhadra
State	Uttar Pradesh
Pincode	231219
Country	IN
Address	Vill &po-markundi,dist sonbhadra(u.p)

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 231010161 for Markundi 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 231010161 of Allahabad Bank, Markundi branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Markundi 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 -

>>Markundi

MICR code for Allahabad Bank Markundi

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 Markundi 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. 231010161 is the MICR code of Allahabad Bank for Markundi branch. MICR code for Markundi 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 Markundi is presented in the table alongside.

Use of Allahabad Bank MICR code for Markundi branch in markundi

The MICR code 231010161 is used in RBI cheque clearing process to identify the branch Markundi 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.

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