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Allahabad Bank Varanasi Varanasi Uttar Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Varanasi Varanasi Uttar Pradesh

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ravindra Puri Colony
Contact Avdish Thakur, Srivastava,0541-2315572
Bank Details Allahabad Bank Ravindra Puri Colony ALLA0212095
Location Varanasi, Varanasi
City Varanasi
District Varanasi
State Uttar Pradesh
Pincode 221005
Country IN
Address Infront of tulsi manas mandir bhu road varanasi uttar pradesh 221005
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 221010016 for Ravindra Puri Colony 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 221010016 of Allahabad Bank, Ravindra Puri Colony branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Ravindra Puri Colony branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Allahabad Bank Ravindra Puri Colony

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 Ravindra Puri Colony 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. 221010016 is the MICR code of Allahabad Bank for Ravindra Puri Colony branch. MICR code for Ravindra Puri Colony 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 Ravindra Puri Colony is presented in the table alongside.

Use of Allahabad Bank MICR code for Ravindra Puri Colony branch in varanasi

The MICR code 221010016 is used in RBI cheque clearing process to identify the branch Ravindra Puri Colony 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.