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Allahabad Bank Mataundh Banda Uttar Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Mataundh Banda Uttar Pradesh

Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mataundh
Contact A K Dwivedi, 9415492212, Prabhat Kr Mehta, 9305579316
Bank Details Allahabad Bank Mataundh ALLA0210649
Location Mataundh, Banda
City Mataundh
District Banda
State Uttar Pradesh
Pincode 210001
Country IN
Address Vill. & po. Mataundh 210001
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 210010358 for Mataundh 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 210010358 of Allahabad Bank, Mataundh branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Mataundh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Allahabad Bank are available with micr code -

>>Allahabad Up Gramin Jakhaura >>Mataundh

MICR code for Allahabad Bank Mataundh

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 Mataundh 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. 210010358 is the MICR code of Allahabad Bank for Mataundh branch. MICR code for Mataundh 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 Mataundh is presented in the table alongside.

Use of Allahabad Bank MICR code for Mataundh branch in mataundh

The MICR code 210010358 is used in RBI cheque clearing process to identify the branch Mataundh 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.