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Allahabad Bank Vadakkipalayam Coimbatore Tamil Nadu MICR CODE

Find MICR Codes for Allahabad Bank Vadakkipalayam Coimbatore Tamil Nadu

Bank
State
District
City
Branch
Address

MICR Code	641010005
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Velandipalayam
Contact	S K Selvakumar Sr.Manager, 9786201030, S R Divya, 9940881561
Bank Details	Allahabad Bank Velandipalayam ALLA0212912

Location	Vadakkipalayam, Coimbatore
City	Vadakkipalayam
District	Coimbatore
State	Tamil Nadu
Pincode	641025
Country	IN
Address	No 32 bharati towers, thadagam road, edayarpalayam, coimbatore, tamilnadu, pin -641025

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 641010005 for Velandipalayam 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 641010005 of Allahabad Bank, Velandipalayam branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Velandipalayam 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 -

>>Velandipalayam

MICR code for Allahabad Bank Velandipalayam

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 Velandipalayam 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. 641010005 is the MICR code of Allahabad Bank for Velandipalayam branch. MICR code for Velandipalayam 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 Velandipalayam is presented in the table alongside.

Use of Allahabad Bank MICR code for Velandipalayam branch in vadakkipalayam

The MICR code 641010005 is used in RBI cheque clearing process to identify the branch Velandipalayam 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.