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Allahabad Bank Delhi Delhi New Delhi MICR CODE

Find MICR Codes for Allahabad Bank Delhi Delhi New Delhi

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Saket
Contact Mr H.K Popli 9810777921,Ms Anuradha
Bank Details Allahabad Bank Saket ALLA0212697
Location Delhi, Delhi
City Delhi
District Delhi
State New Delhi
Pincode 110017
Country IN
Address J-296 opp. J block saket newdelhi
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 110010112 for Saket 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 110010112 of Allahabad Bank, Saket branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Saket branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Allahabad Bank Saket

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 Saket 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. 110010112 is the MICR code of Allahabad Bank for Saket branch. MICR code for Saket 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 Saket is presented in the table alongside.

Use of Allahabad Bank MICR code for Saket branch in delhi

The MICR code 110010112 is used in RBI cheque clearing process to identify the branch Saket 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.