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Allahabad Bank Coimbatore Coimbotore Tamil Nadu MICR CODE

Find MICR Codes for Allahabad Bank Coimbatore Coimbotore Tamil Nadu

MICR Code:
Bank: Allahabad Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Coiimbatore
Contact: 0422 2472333
Bank Details: Allahabad Bank Coiimbatore ALLA0210384
Location: Coimbatore, Coimbotore
City: Coimbatore
District: Coimbotore
State: Tamil Nadu
Pincode: 641002
Country: IN
Address: 98, mecricar road, r.s.puram, coimbatore - 641002
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 641010002 for Coiimbatore 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 641010002 of Allahabad Bank, Coiimbatore branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Coiimbatore 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 -

>>Coiimbatore

MICR code for Allahabad Bank Coiimbatore

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 Coiimbatore 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. 641010002 is the MICR code of Allahabad Bank for Coiimbatore branch. MICR code for Coiimbatore 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 Coiimbatore is presented in the table alongside.

Use of Allahabad Bank MICR code for Coiimbatore branch in coimbatore

The MICR code 641010002 is used in RBI cheque clearing process to identify the branch Coiimbatore 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.