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Allahabad Bank Mysore Mysore Karnataka MICR CODE

Find MICR Codes for Allahabad Bank Mysore Mysore Karnataka

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kuvampu Nagar Mysore
Contact R V S Gupta, M Balaji Reddy, 0821-2562565
Bank Details Allahabad Bank Kuvampu Nagar Mysore ALLA0212313
Location Mysore, Mysore
City Mysore
District Mysore
State Karnataka
Pincode 570023
Country IN
Address 38, j c htm block, nera ksrtc depot circle, rdchunchungiri road, kuvampu nagar, mysore
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 570010003 for Kuvampu Nagar Mysore 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 570010003 of Allahabad Bank, Kuvampu Nagar Mysore branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Kuvampu Nagar Mysore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Allahabad Bank are available with micr code -

>>Kuvampu Nagar Mysore >>Mysore

MICR code for Allahabad Bank Kuvampu Nagar Mysore

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 Kuvampu Nagar Mysore 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. 570010003 is the MICR code of Allahabad Bank for Kuvampu Nagar Mysore branch. MICR code for Kuvampu Nagar Mysore 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 Kuvampu Nagar Mysore is presented in the table alongside.

Use of Allahabad Bank MICR code for Kuvampu Nagar Mysore branch in mysore

The MICR code 570010003 is used in RBI cheque clearing process to identify the branch Kuvampu Nagar Mysore 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.