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Allahabad Bank Newada Bahraich Uttar Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Newada Bahraich Uttar Pradesh

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Allahabad Up Gramin Newada
Contact Jai Prakash Baranwal,Kailash Nath Srivastav,8052302176
Bank Details Allahabad Bank Allahabad Up Gramin Newada ALLA0AU1409
Location Newada, Bahraich
City Newada
District Bahraich
State Uttar Pradesh
Pincode 110751
Country IN
Address Newada, tejwapur, bahraich 110751
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 271362409 for Allahabad Up Gramin Newada 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 271362409 of Allahabad Bank, Allahabad Up Gramin Newada branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Allahabad Up Gramin Newada 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 -

>>Allahabad Up Gramin Newada

MICR code for Allahabad Bank Allahabad Up Gramin Newada

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 Allahabad Up Gramin Newada 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. 271362409 is the MICR code of Allahabad Bank for Allahabad Up Gramin Newada branch. MICR code for Allahabad Up Gramin Newada 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 Allahabad Up Gramin Newada is presented in the table alongside.

Use of Allahabad Bank MICR code for Allahabad Up Gramin Newada branch in newada

The MICR code 271362409 is used in RBI cheque clearing process to identify the branch Allahabad Up Gramin Newada 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.