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Allahabad Bank Badram Siwan Bihar MICR CODE

Find MICR Codes for Allahabad Bank Badram Siwan Bihar

Bank
State
District
City
Branch
Address

MICR Code	841010701
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Badram
Contact	Neeraj Kumar Sinha:- 9334855774
Bank Details	Allahabad Bank Badram ALLA0210935

Location	Badram, Siwan
City	Badram
District	Siwan
State	Bihar
Pincode	841241
Country	IN
Address	Vill-po- badram dist-siwan

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 841010701 for Badram 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 841010701 of Allahabad Bank, Badram branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Badram 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 -

>>Badram

MICR code for Allahabad Bank Badram

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 Badram 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. 841010701 is the MICR code of Allahabad Bank for Badram branch. MICR code for Badram 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 Badram is presented in the table alongside.

Use of Allahabad Bank MICR code for Badram branch in badram

The MICR code 841010701 is used in RBI cheque clearing process to identify the branch Badram 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.