Let Others Know
×
LinkedIn
Email
WhatsApp

Allahabad Bank Rampur Narkin Sidhi Madhya Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Rampur Narkin Sidhi Madhya Pradesh

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rampur Nakin
Contact Piyush Kapoor,K L Gaud 07802-274427
Bank Details Allahabad Bank Rampur Nakin ALLA0210286
Location Rampur Narkin, Sidhi
City Rampur Narkin
District Sidhi
State Madhya Pradesh
Pincode 486775
Country IN
Address Allahabad bank, vill&po rampur naikin distt sidhi
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 0 for Rampur Nakin 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 0 of Allahabad Bank, Rampur Nakin branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Rampur Nakin 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 -

>>Rampur Nakin

MICR code for Allahabad Bank Rampur Nakin

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 Rampur Nakin 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. 0 is the MICR code of Allahabad Bank for Rampur Nakin branch. MICR code for Rampur Nakin 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 Rampur Nakin is presented in the table alongside.

Use of Allahabad Bank MICR code for Rampur Nakin branch in rampur narkin

The MICR code 0 is used in RBI cheque clearing process to identify the branch Rampur Nakin 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.