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Allahabad Bank Sausar Chhindwara Madhya Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Sausar Chhindwara Madhya Pradesh

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sausar
Contact
Bank Details Allahabad Bank Sausar ALLA0213348
Location Sausar, Chhindwara
City Sausar
District Chhindwara
State Madhya Pradesh
Pincode 480106
Country IN
Address Sri dinkar govinda junghare mahatma jyotiba phule colony, mohgav road,near forest naka, ward no.10, sausar distt.- chhindwara (m.p.) pin- 480106
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 Sausar 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, Sausar branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Sausar 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 -

>>Sausar

MICR code for Allahabad Bank Sausar

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 Sausar 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 Sausar branch. MICR code for Sausar 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 Sausar is presented in the table alongside.

Use of Allahabad Bank MICR code for Sausar branch in sausar

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