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Allahabad Bank Ahmadnagar Ahmadnagar Maharashtra MICR CODE

Find MICR Codes for Allahabad Bank Ahmadnagar Ahmadnagar Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	414010001
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ahmadnagar
Contact	Jagatpal Singh, M.A.Hotkar , 0241-2344786
Bank Details	Allahabad Bank Ahmadnagar ALLA0210920

Location	Ahmadnagar, Ahmadnagar
City	Ahmadnagar
District	Ahmadnagar
State	Maharashtra
Pincode	414001
Country	IN
Address	9, kings rd., zandigate, ahmenagar, maharashtra. Pin- 414001.

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 414010001 for Ahmadnagar 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 414010001 of Allahabad Bank, Ahmadnagar branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Ahmadnagar 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 -

>>Ahmadnagar

MICR code for Allahabad Bank Ahmadnagar

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 Ahmadnagar 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. 414010001 is the MICR code of Allahabad Bank for Ahmadnagar branch. MICR code for Ahmadnagar 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 Ahmadnagar is presented in the table alongside.

Use of Allahabad Bank MICR code for Ahmadnagar branch in ahmadnagar

The MICR code 414010001 is used in RBI cheque clearing process to identify the branch Ahmadnagar 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.