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Allahabad Bank Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for Allahabad Bank Mumbai Greater Bombay Maharashtra

MICR Code:
Bank: Allahabad Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Bandra
Contact: Mrs Poonam Mishra, Veer, 022-26570325
Bank Details: Allahabad Bank Bandra ALLA0212516
Location: Mumbai, Greater Bombay
City: Mumbai
District: Greater Bombay
State: Maharashtra
Pincode: 400050
Country: IN
Address: Mpsp college of commerce and science bandra(e)
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 0 for Bandra 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 0 of Allahabad Bank, Bandra branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Bandra branch, makes the characters readable even if there are other marks and stamps on it.

A total of 16 branches of Allahabad Bank are available with micr code -

>>Badlapur >>Bandra >>Bandra West >>Bhayander >>Bkc >>Borivali >>Dadar (East) >>Kalwa Thane >>Kandivali(W) >>Kharghar >>Kurla >>Nerul >>Sanpada >>Treasury Branch >>Vasai >>Virar

MICR code for Allahabad Bank Bandra

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 Bandra 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. 0 is the MICR code of Allahabad Bank for Bandra branch. MICR code for Bandra 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 Bandra is presented in the table alongside.

Use of Allahabad Bank MICR code for Bandra branch in mumbai

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bandra 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.