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Allahabad Bank Teonda Vidisha Madhya Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Teonda Vidisha Madhya Pradesh

Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Teonda
Contact Sunil Kumar Srivastava 9303411201
Bank Details Allahabad Bank Teonda ALLA0210872
Location Teonda, Vidisha
City Teonda
District Vidisha
State Madhya Pradesh
Pincode 464331
Country IN
Address Vill. & p.o. Teonda dist. Vidisha madhya pradesh 464331
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 464010003 for Teonda 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 464010003 of Allahabad Bank, Teonda branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Teonda 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 Teonda

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 Teonda 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. 464010003 is the MICR code of Allahabad Bank for Teonda branch. MICR code for Teonda 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 Teonda is presented in the table alongside.

Use of Allahabad Bank MICR code for Teonda branch in teonda

The MICR code 464010003 is used in RBI cheque clearing process to identify the branch Teonda 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.