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Allahabad Bank Sultanpet Coimbatore Tamil Nadu MICR CODE

Find MICR Codes for Allahabad Bank Sultanpet Coimbatore Tamil Nadu

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sultanpet
Contact S. Balasubramanyam 09381897771, P Janani 09952552944
Bank Details Allahabad Bank Sultanpet ALLA0210688
Location Sultanpet, Coimbatore
City Sultanpet
District Coimbatore
State Tamil Nadu
Pincode 638669
Country IN
Address Nataraja buildings, main road,vill. P.o. Sultanpet taluq - palladam,tamil nadu 638669
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 641010003 for Sultanpet 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 641010003 of Allahabad Bank, Sultanpet branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Sultanpet 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 -

>>Sultanpet

MICR code for Allahabad Bank Sultanpet

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 Sultanpet 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. 641010003 is the MICR code of Allahabad Bank for Sultanpet branch. MICR code for Sultanpet 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 Sultanpet is presented in the table alongside.

Use of Allahabad Bank MICR code for Sultanpet branch in sultanpet

The MICR code 641010003 is used in RBI cheque clearing process to identify the branch Sultanpet 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.