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Allahabad Bank Bhimtal Nainital Uttrakhand MICR CODE

Find MICR Codes for Allahabad Bank Bhimtal Nainital Uttrakhand

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhimtal
Contact Indu Joshi (Sr. Manager), Shomit (P.O.) , 05942-248501
Bank Details Allahabad Bank Bhimtal ALLA0212204
Location Bhimtal, Nainital
City Bhimtal
District Nainital
State Uttrakhand
Pincode 263136
Country IN
Address Allahabad bank, ward no.-10, mallital, bhimtal, distt. - nainital, uttarakhand. Pin-263136
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 263010351 for Bhimtal 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 263010351 of Allahabad Bank, Bhimtal branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Bhimtal 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 -

>>Bhimtal

MICR code for Allahabad Bank Bhimtal

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 Bhimtal 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. 263010351 is the MICR code of Allahabad Bank for Bhimtal branch. MICR code for Bhimtal 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 Bhimtal is presented in the table alongside.

Use of Allahabad Bank MICR code for Bhimtal branch in bhimtal

The MICR code 263010351 is used in RBI cheque clearing process to identify the branch Bhimtal 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.