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Allahabad Bank Tillora Satna Madhya Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Tillora Satna Madhya Pradesh

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sharda Gramin Bank Tillaura
Contact
Bank Details Allahabad Bank Sharda Gramin Bank Tillaura ALLA0SG5021
Location Tillora, Satna
City Tillora
District Satna
State Madhya Pradesh
Pincode 485001
Country IN
Address Village tillaura post bhenda district satna (m.p.)
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 485956021 for Sharda Gramin Bank Tillaura 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 485956021 of Allahabad Bank, Sharda Gramin Bank Tillaura branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Sharda Gramin Bank Tillaura 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 -

>>Sharda Gramin Bank Tillaura

MICR code for Allahabad Bank Sharda Gramin Bank Tillaura

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 Sharda Gramin Bank Tillaura 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. 485956021 is the MICR code of Allahabad Bank for Sharda Gramin Bank Tillaura branch. MICR code for Sharda Gramin Bank Tillaura 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 Sharda Gramin Bank Tillaura is presented in the table alongside.

Use of Allahabad Bank MICR code for Sharda Gramin Bank Tillaura branch in tillora

The MICR code 485956021 is used in RBI cheque clearing process to identify the branch Sharda Gramin Bank Tillaura 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.