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Allahabad Bank Bhopal Bhopal Madhya Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Bhopal Bhopal Madhya Pradesh

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mp Police Housing Corporation
Contact Kailash Joshi, 9300414086
Bank Details Allahabad Bank Mp Police Housing Corporation ALLA0212288
Location Bhopal, Bhopal
City Bhopal
District Bhopal
State Madhya Pradesh
Pincode 462003
Country IN
Address Depo chauraha,bhopal,madhya pradesh 462003
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 462010022 for Mp Police Housing Corporation 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 462010022 of Allahabad Bank, Mp Police Housing Corporation branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Mp Police Housing Corporation branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Allahabad Bank Mp Police Housing Corporation

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 Mp Police Housing Corporation 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. 462010022 is the MICR code of Allahabad Bank for Mp Police Housing Corporation branch. MICR code for Mp Police Housing Corporation 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 Mp Police Housing Corporation is presented in the table alongside.

Use of Allahabad Bank MICR code for Mp Police Housing Corporation branch in bhopal

The MICR code 462010022 is used in RBI cheque clearing process to identify the branch Mp Police Housing Corporation 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.