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Allahabad Bank Jaipur Jaipur Rajasthan MICR CODE

Find MICR Codes for Allahabad Bank Jaipur Jaipur Rajasthan

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jaipur Subhas Nagar
Contact S L Manaria, Naresh Kumar Goyal,0141-2280616
Bank Details Allahabad Bank Jaipur Subhas Nagar ALLA0211885
Location Jaipur, Jaipur
City Jaipur
District Jaipur
State Rajasthan
Pincode 302016
Country IN
Address Shopping centre, subhas nagar, jaipur rajasthan 302016
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 302010005 for Jaipur Subhas Nagar 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 302010005 of Allahabad Bank, Jaipur Subhas Nagar branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Jaipur Subhas Nagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Allahabad Bank Jaipur Subhas Nagar

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 Jaipur Subhas Nagar 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. 302010005 is the MICR code of Allahabad Bank for Jaipur Subhas Nagar branch. MICR code for Jaipur Subhas Nagar 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 Jaipur Subhas Nagar is presented in the table alongside.

Use of Allahabad Bank MICR code for Jaipur Subhas Nagar branch in jaipur

The MICR code 302010005 is used in RBI cheque clearing process to identify the branch Jaipur Subhas Nagar 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.