Let Others Know
×
LinkedIn
Email
WhatsApp

Allahabad Bank Khudel Indore Madhya Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Khudel Indore Madhya Pradesh

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Khudel
Contact Sanjeev Dua 9303411907, V.K. Batham 0731-2865224
Bank Details Allahabad Bank Khudel ALLA0210476
Location Khudel, Indore
City Khudel
District Indore
State Madhya Pradesh
Pincode 453576
Country IN
Address Vill. & p.o. Khudel dist. Indore,khudel - 453 576,madhya pradesh,
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 452010006 for Khudel 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 452010006 of Allahabad Bank, Khudel branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Khudel 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 -

>>Khudel

MICR code for Allahabad Bank Khudel

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 Khudel 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. 452010006 is the MICR code of Allahabad Bank for Khudel branch. MICR code for Khudel 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 Khudel is presented in the table alongside.

Use of Allahabad Bank MICR code for Khudel branch in khudel

The MICR code 452010006 is used in RBI cheque clearing process to identify the branch Khudel 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.