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Allahabad Bank Shivpuri Shivpuri Madhya Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Shivpuri Shivpuri Madhya Pradesh

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shivpuri
Contact R.C. Kain 9303411998,S.N. Saxena 07492-233357
Bank Details Allahabad Bank Shivpuri ALLA0210831
Location Shivpuri, Shivpuri
City Shivpuri
District Shivpuri
State Madhya Pradesh
Pincode 473551
Country IN
Address Court road, shivpuri - 473 551,madhya pradesh,,
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.

Search Allahabad Bank MICR Codes in shivpuri

You can search through MICR Codes of Madhya Pradesh branches in shivpuri of District shivpuri in Madhya Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

Allahabad Bank branches with micr codes are available in 2 cities-

>>Karera >>Shivpuri

How to find MICR codes for Allahabad Bank in shivpuri?

Allahabad Bank shivpuri MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Allahabad Bank MICR codes list for shivpuri, one can further search by branch name specified in the table. You can find MICR codes for all Allahabad Bank shivpuri branches.

Allahabad Bank MICR code in shivpuri

Allahabad Bank MICR code is a character recognition technology used by banks in the processing of cheques. Allahabad Bank MICR code for shivpuri branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Allahabad Bank branches in shivpuri, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Allahabad Bank MICR code for shivpuri branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Allahabad Bank shivpuri branch, sprinted 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. Thus MICR code for Allahabad Bank shivpuri branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Allahabad Bank MICR codes for shivpuri branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!