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Allahabad Bank Nawada Bazar Banka Bihar MICR CODE

Find MICR Codes for Allahabad Bank Nawada Bazar Banka Bihar

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rantua
Contact Sri Sanjay K Lath-9470015207 & 9334880711
Bank Details Allahabad Bank Rantua ALLA0211627
Location Nawada Bazar, Banka
City Nawada Bazar
District Banka
State Bihar
Pincode 813105
Country IN
Address Vill & po-nawada bazar dist-banka(bihar)
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.

Search Allahabad Bank MICR Codes in banka

You can search through MICR Codes of Bihar branches in nawada bazar of District banka in Bihar State by using the search box or you can browse through the table using the conrols at the bottom.

Allahabad Bank branches with micr codes are available in 3 cities-

>>Banka >>Nawada Bazar >>Rajaun

How to find MICR codes for Allahabad Bank in nawada bazar?

Allahabad Bank nawada bazar MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Allahabad Bank MICR codes list for nawada bazar, one can further search by branch name specified in the table. You can find MICR codes for all Allahabad Bank nawada bazar branches.

Allahabad Bank MICR code in nawada bazar

Allahabad Bank MICR code is a character recognition technology used by banks in the processing of cheques. Allahabad Bank MICR code for nawada bazar branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Allahabad Bank branches in nawada bazar, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Allahabad Bank MICR code for nawada bazar branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Allahabad Bank nawada bazar branch, sprinted 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. Thus MICR code for Allahabad Bank nawada bazar branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Allahabad Bank MICR codes for nawada bazar branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!