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Allahabad Bank Cuttack Cuttack Orissa MICR CODE

Find MICR Codes for Allahabad Bank Cuttack Cuttack Orissa

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Cuttack Madhu Patna Ind Estate
Contact Surajit Dwivedi, Sunati Kumari Das 0671-2344082
Bank Details Allahabad Bank Cuttack Madhu Patna Ind Estate ALLA0211030
Location Cuttack, Cuttack
City Cuttack
District Cuttack
State Orissa
Pincode 753013
Country IN
Address Madhu patna,link road, dist. Cuttack,orissa
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 753010002 for Cuttack Madhu Patna Ind Estate 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 753010002 of Allahabad Bank, Cuttack Madhu Patna Ind Estate branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Cuttack Madhu Patna Ind Estate branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Allahabad Bank are available with micr code -

>>Beliapal >>Choudhury Bazar >>Cuttack Madhu Patna Ind Estate

MICR code for Allahabad Bank Cuttack Madhu Patna Ind Estate

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 Cuttack Madhu Patna Ind Estate 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. 753010002 is the MICR code of Allahabad Bank for Cuttack Madhu Patna Ind Estate branch. MICR code for Cuttack Madhu Patna Ind Estate 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 Cuttack Madhu Patna Ind Estate is presented in the table alongside.

Use of Allahabad Bank MICR code for Cuttack Madhu Patna Ind Estate branch in cuttack

The MICR code 753010002 is used in RBI cheque clearing process to identify the branch Cuttack Madhu Patna Ind Estate 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.