Let Others Know
×
LinkedIn
Email
WhatsApp

Allahabad Bank Faizabad Faizabad Uttar Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Faizabad Faizabad Uttar Pradesh

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ram Janki Mahal Trust Faizabad
Contact Anil Kumar, T.N. Tandon , 05278-233308
Bank Details Allahabad Bank Ram Janki Mahal Trust Faizabad ALLA0212427
Location Faizabad, Faizabad
City Faizabad
District Faizabad
State Uttar Pradesh
Pincode
Country IN
Address Parikrama road,distt faizabad,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 224010009 for Ram Janki Mahal Trust Faizabad 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 224010009 of Allahabad Bank, Ram Janki Mahal Trust Faizabad branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Ram Janki Mahal Trust Faizabad branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Allahabad Bank Ram Janki Mahal Trust Faizabad

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 Ram Janki Mahal Trust Faizabad 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. 224010009 is the MICR code of Allahabad Bank for Ram Janki Mahal Trust Faizabad branch. MICR code for Ram Janki Mahal Trust Faizabad 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 Ram Janki Mahal Trust Faizabad is presented in the table alongside.

Use of Allahabad Bank MICR code for Ram Janki Mahal Trust Faizabad branch in faizabad

The MICR code 224010009 is used in RBI cheque clearing process to identify the branch Ram Janki Mahal Trust Faizabad 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.