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Allahabad Bank Paraspur Gonda Uttar Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Paraspur Gonda Uttar Pradesh

Bank
State
District
City
Branch
Address

MICR Code	271010164
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Paraspur
Contact	B.K.Srivastava, 9839146529
Bank Details	Allahabad Bank Paraspur ALLA0210399

Location	Paraspur, Gonda
City	Paraspur
District	Gonda
State	Uttar Pradesh
Pincode	271504
Country	IN
Address	P.o.paraspur dist. Gonda uttar pradesh

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 271010164 for Paraspur 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 271010164 of Allahabad Bank, Paraspur branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Paraspur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Allahabad Bank are available with micr code -

>>Paraspur

MICR code for Allahabad Bank Paraspur

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 Paraspur 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. 271010164 is the MICR code of Allahabad Bank for Paraspur branch. MICR code for Paraspur 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 Paraspur is presented in the table alongside.

Use of Allahabad Bank MICR code for Paraspur branch in paraspur

The MICR code 271010164 is used in RBI cheque clearing process to identify the branch Paraspur 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.