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Allahabad Bank Aluva Ernakulam Kerala MICR CODE

Find MICR Codes for Allahabad Bank Aluva Ernakulam Kerala

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Alwaye
Contact Pradeep K Rauth,S Trivedi,0836-304434
Bank Details Allahabad Bank Alwaye ALLA0211978
Location Aluva, Ernakulam
City Aluva
District Ernakulam
State Kerala
Pincode 683101
Country IN
Address 659, mukkath plaza, bye-pass junction road, alwaye, dist-ernakulam kerala 683101
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 682010003 for Alwaye 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 682010003 of Allahabad Bank, Alwaye branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Alwaye 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 -

>>Alwaye

MICR code for Allahabad Bank Alwaye

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 Alwaye 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. 682010003 is the MICR code of Allahabad Bank for Alwaye branch. MICR code for Alwaye 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 Alwaye is presented in the table alongside.

Use of Allahabad Bank MICR code for Alwaye branch in aluva

The MICR code 682010003 is used in RBI cheque clearing process to identify the branch Alwaye 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.