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Allahabad Bank Kundotty Malappuram Kerala MICR CODE

Find MICR Codes for Allahabad Bank Kundotty Malappuram Kerala

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kondotty
Contact Roshy P George :9747395870,Anjana Thilak:08891400625
Bank Details Allahabad Bank Kondotty ALLA0212829
Location Kundotty, Malappuram
City Kundotty
District Malappuram
State Kerala
Pincode 673638
Country IN
Address Chukkan building,kuruppath,kundotty p o ,malappuram dist 673638
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 673010003 for Kondotty 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 673010003 of Allahabad Bank, Kondotty branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Kondotty 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 -

>>Kondotty

MICR code for Allahabad Bank Kondotty

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 Kondotty 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. 673010003 is the MICR code of Allahabad Bank for Kondotty branch. MICR code for Kondotty 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 Kondotty is presented in the table alongside.

Use of Allahabad Bank MICR code for Kondotty branch in kundotty

The MICR code 673010003 is used in RBI cheque clearing process to identify the branch Kondotty 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.