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Allahabad Bank Hilsa Nalanda Bihar MICR CODE

Find MICR Codes for Allahabad Bank Hilsa Nalanda Bihar

Bank
State
District
City
Branch
Address

MICR Code	803010506
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Milkipar
Contact	Shashi Kant Agrawal 9334954083
Bank Details	Allahabad Bank Milkipar ALLA0211450

Location	Hilsa, Nalanda
City	Hilsa
District	Nalanda
State	Bihar
Pincode	801302
Country	IN
Address	Vill. Milkipar p.o. Kapsiawan block - hilsa block - hilsa dist -nalanda

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 803010506 for Milkipar 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 803010506 of Allahabad Bank, Milkipar branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Milkipar 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 -

>>Hilsa >>Milkipar

MICR code for Allahabad Bank Milkipar

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 Milkipar 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. 803010506 is the MICR code of Allahabad Bank for Milkipar branch. MICR code for Milkipar 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 Milkipar is presented in the table alongside.

Use of Allahabad Bank MICR code for Milkipar branch in hilsa

The MICR code 803010506 is used in RBI cheque clearing process to identify the branch Milkipar 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.