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Allahabad Bank Kasibugga Srikakulam Andhra Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Kasibugga Srikakulam Andhra Pradesh

MICR Code:
Bank: Allahabad Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Kasibugga
Contact: H S Ram,Chand Bhaskar Rao,0894-2541061
Bank Details: Allahabad Bank Kasibugga ALLA0210214
Location: Kasibugga, Srikakulam
City: Kasibugga
District: Srikakulam
State: Andhra Pradesh
Pincode: 532222
Country: IN
Address: K.t. Road, kasibugga kasibugga palasa mandal, srikakulam district kasibugga andhra pradesh 532222
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 932010102 for Kasibugga 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 932010102 of Allahabad Bank, Kasibugga branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Kasibugga 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 -

>>Kasibugga

MICR code for Allahabad Bank Kasibugga

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 Kasibugga 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. 932010102 is the MICR code of Allahabad Bank for Kasibugga branch. MICR code for Kasibugga 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 Kasibugga is presented in the table alongside.

Use of Allahabad Bank MICR code for Kasibugga branch in kasibugga

The MICR code 932010102 is used in RBI cheque clearing process to identify the branch Kasibugga 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.