Let Others Know

Allahabad Bank Singodi Chhindwara Madhya Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Singodi Chhindwara Madhya Pradesh

Bank
State
District
City
Branch
Address

MICR Code	480010504
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Singodi
Contact	Sri M.S.Raghuivanshi, Sri C.L. Asati, 07167-258623
Bank Details	Allahabad Bank Singodi ALLA0210769

Location	Singodi, Chhindwara
City	Singodi
District	Chhindwara
State	Madhya Pradesh
Pincode	480023
Country	IN
Address	Vill. & p.o. Singodi dist. Chhindwara - 480 023, 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.

How does MICR code 480010504 for Singodi 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 480010504 of Allahabad Bank, Singodi branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Singodi 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 -

>>Singodi

MICR code for Allahabad Bank Singodi

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 Singodi 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. 480010504 is the MICR code of Allahabad Bank for Singodi branch. MICR code for Singodi 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 Singodi is presented in the table alongside.

Use of Allahabad Bank MICR code for Singodi branch in singodi

The MICR code 480010504 is used in RBI cheque clearing process to identify the branch Singodi 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.