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Allahabad Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for Allahabad Bank Chennai Chennai Tamil Nadu

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mount Road Branch Chennai
Contact Shri G.Padmanabhan Senior Manager(Operations), Shri T.Damodaran  Manager (Operations), Ph -044 28549262 , 28585641,Chemount@che.Allahabadbank.Co.In
Bank Details Allahabad Bank Mount Road Branch Chennai ALLA0210218
Location Chennai, Chennai
City Chennai
District Chennai
State Tamil Nadu
Pincode 600002
Country IN
Address 41, anna salai, mount road, chennai-2
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 600010002 for Mount Road Branch Chennai 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 600010002 of Allahabad Bank, Mount Road Branch Chennai branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Mount Road Branch Chennai branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Allahabad Bank Mount Road Branch Chennai

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 Mount Road Branch Chennai 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. 600010002 is the MICR code of Allahabad Bank for Mount Road Branch Chennai branch. MICR code for Mount Road Branch Chennai 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 Mount Road Branch Chennai is presented in the table alongside.

Use of Allahabad Bank MICR code for Mount Road Branch Chennai branch in chennai

The MICR code 600010002 is used in RBI cheque clearing process to identify the branch Mount Road Branch Chennai 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.