Allahabad Bank Singri Kendrapara Orissa MICR CODE

Find MICR Codes for Allahabad Bank Singri Kendrapara Orissa

Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Singiri
Contact Sridhar Panda, Sanjay K Sahu, 06729-270833
Bank Details Allahabad Bank Singiri ALLA0211228
Location Singri, Kendrapara
City Singri
District Kendrapara
State Orissa
Pincode 754215
Country IN
Address Vill. & p.o. Singri via - patamundi,dist. Kendrapara,orissa-754215 orissa
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 754010504 for Singiri 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 754010504 of Allahabad Bank, Singiri branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Singiri 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 -


MICR code for Allahabad Bank Singiri

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 Singiri 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. 754010504 is the MICR code of Allahabad Bank for Singiri branch. MICR code for Singiri 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 Singiri is presented in the table alongside.

Use of Allahabad Bank MICR code for Singiri branch in singri

The MICR code 754010504 is used in RBI cheque clearing process to identify the branch Singiri 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.