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Allahabad Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Allahabad Bank Bangalore Bangalore Urban Karnataka

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vijayanagar Bangalore
Contact N Manjunath ,Kanta Raja 080-23408893
Bank Details Allahabad Bank Vijayanagar Bangalore ALLA0212459
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560040
Country IN
Address Jlr plaza, 24 nhbc society, nagarbavi main road,saraswati nagar, bangalore,karnataka
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 560010016 for Vijayanagar Bangalore 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 560010016 of Allahabad Bank, Vijayanagar Bangalore branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Vijayanagar Bangalore branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Allahabad Bank Vijayanagar Bangalore

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 Vijayanagar Bangalore 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. 560010016 is the MICR code of Allahabad Bank for Vijayanagar Bangalore branch. MICR code for Vijayanagar Bangalore 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 Vijayanagar Bangalore is presented in the table alongside.

Use of Allahabad Bank MICR code for Vijayanagar Bangalore branch in bangalore

The MICR code 560010016 is used in RBI cheque clearing process to identify the branch Vijayanagar Bangalore 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.