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Allahabad Bank Parwali Sarak Bhopal Madhya Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Parwali Sarak Bhopal Madhya Pradesh

Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Parwalia Sadak
Contact Sukanta Kumar Sahu,9303411913, M.L. Gujre 0755-2867304
Bank Details Allahabad Bank Parwalia Sadak ALLA0210690
Location Parwali Sarak, Bhopal
City Parwali Sarak
District Bhopal
State Madhya Pradesh
Pincode 462030
Country IN
Address Vill. & p.o. Parwalia sarak,dist. Bhopal,462030,
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 bhopal

You can search through MICR Codes of Madhya Pradesh branches in parwali sarak of District bhopal in Madhya Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

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

>>Parwalia Sadak

How to find MICR codes for Allahabad Bank in parwali sarak?

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

Allahabad Bank MICR code in parwali sarak

Allahabad Bank MICR code is a character recognition technology used by banks in the processing of cheques. Allahabad Bank MICR code for parwali sarak 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 parwali sarak, 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 parwali sarak 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 parwali sarak 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 parwali sarak branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Allahabad Bank MICR codes for parwali sarak branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!