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Allahabad Bank Bhojpur Bhojpur Bihar MICR CODE

Find MICR Codes for Allahabad Bank Bhojpur Bhojpur Bihar

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Piro
Contact 7762887362
Bank Details Allahabad Bank Piro ALLA0213456
Location Bhojpur, Bhojpur
City Bhojpur
District Bhojpur
State Bihar
Pincode 802207
Country IN
Address Allahabad bank piro branch, vijay laxmi market, ara sasaram road, district- bhojpur
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 802010103 for Piro 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 802010103 of Allahabad Bank, Piro branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Piro 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 -

>>Piro

MICR code for Allahabad Bank Piro

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 Piro 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. 802010103 is the MICR code of Allahabad Bank for Piro branch. MICR code for Piro 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 Piro is presented in the table alongside.

Use of Allahabad Bank MICR code for Piro branch in bhojpur

The MICR code 802010103 is used in RBI cheque clearing process to identify the branch Piro 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.