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Allahabad Bank Lumding Nagaon Assam MICR CODE

Find MICR Codes for Allahabad Bank Lumding Nagaon Assam

MICR Code:
Bank: Allahabad Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Lumding
Contact: Tapan Chaudhary, B R Sahu,03674-263373
Bank Details: Allahabad Bank Lumding ALLA0210787
Location: Lumding, Nagaon
City: Lumding
District: Nagaon
State: Assam
Pincode: 782447
Country: IN
Address: Vill. & p.o. Lumding dist. Nowgong assam nagaon assam 782447
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 0 for Lumding 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 0 of Allahabad Bank, Lumding branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Lumding 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 -

>>Lumding

MICR code for Allahabad Bank Lumding

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 Lumding 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. 0 is the MICR code of Allahabad Bank for Lumding branch. MICR code for Lumding 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 Lumding is presented in the table alongside.

Use of Allahabad Bank MICR code for Lumding branch in lumding

The MICR code 0 is used in RBI cheque clearing process to identify the branch Lumding 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.