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Allahabad Bank Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for Allahabad Bank Mumbai Mumbai Maharashtra

MICR Code:
Bank: Allahabad Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: International Branch Mumbai
Contact: 1. Mr. G.C. Rao, 2. Mr. Vivek M Padgaonkar, 3. Mr. Ram T Nagrani, Ph No : 022 22182113, 22181325 , Email Id : Mumib@mum.Allahabadbank.Co.In
Bank Details: Allahabad Bank International Branch Mumbai ALLA0211348
Location: Mumbai, Mumbai
City: Mumbai
District: Mumbai
State: Maharashtra
Pincode: 400005
Country: IN
Address: T-4, world trade centre, 2nd floor, cuffe parade , colaba, mumbai - 400005
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 400010023 for International Branch Mumbai 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 400010023 of Allahabad Bank, International Branch Mumbai branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for International Branch Mumbai branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Allahabad Bank International Branch Mumbai

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 International Branch Mumbai 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. 400010023 is the MICR code of Allahabad Bank for International Branch Mumbai branch. MICR code for International Branch Mumbai 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 International Branch Mumbai is presented in the table alongside.

Use of Allahabad Bank MICR code for International Branch Mumbai branch in mumbai

The MICR code 400010023 is used in RBI cheque clearing process to identify the branch International Branch Mumbai 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.