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Allahabad Bank Panchli Khurd Meerut Uttar Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Panchli Khurd Meerut Uttar Pradesh

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Panchali Khurd
Contact Vikas Kumar, 938924447, Sanjay, 9997010362
Bank Details Allahabad Bank Panchali Khurd ALLA0212720
Location Panchli Khurd, Meerut
City Panchli Khurd
District Meerut
State Uttar Pradesh
Pincode
Country IN
Address 247, vidya knowledge park, paanchali khurd, bagpat road, meerut
MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Panchali Khurd
Contact Vikas Kumar, 938924447, Sanjay, 9997010362
Bank Details Allahabad Bank Panchali Khurd ALLA0212720
Location Panchli Khurd, Meerut
City Panchli Khurd
District Meerut
State Uttar Pradesh
Pincode
Country IN
Address 247, vidya knowledge park, paanchali khurd, bagpat road, meerut
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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 250010014 for Panchali Khurd 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 250010014 of Allahabad Bank, Panchali Khurd branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Panchali Khurd branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Allahabad Bank are available with micr code -

>>Panchali Khurd >>Panchali Khurd >>Panchali Khurd

MICR code for Allahabad Bank Panchali Khurd

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 Panchali Khurd 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. 250010014 is the MICR code of Allahabad Bank for Panchali Khurd branch. MICR code for Panchali Khurd 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 Panchali Khurd is presented in the table alongside.

Use of Allahabad Bank MICR code for Panchali Khurd branch in panchli khurd

The MICR code 250010014 is used in RBI cheque clearing process to identify the branch Panchali Khurd 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.