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Allahabad Bank Madurai Madurai Tamil Nadu MICR CODE

Find MICR Codes for Allahabad Bank Madurai Madurai Tamil Nadu

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Madurai Main
Contact 4522341665
Bank Details Allahabad Bank Madurai Main ALLA0210374
Location Madurai, Madurai
City Madurai
District Madurai
State Tamil Nadu
Pincode 625001
Country IN
Address 43a, south masi street, madurai 625 001
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 625010002 for Madurai Main 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 625010002 of Allahabad Bank, Madurai Main branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Madurai Main branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Allahabad Bank are available with micr code -

>>Kochadai Madurai >>Madurai Annanagar >>Madurai Main >>T V S Nagar Madurai

MICR code for Allahabad Bank Madurai Main

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 Madurai Main 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. 625010002 is the MICR code of Allahabad Bank for Madurai Main branch. MICR code for Madurai Main 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 Madurai Main is presented in the table alongside.

Use of Allahabad Bank MICR code for Madurai Main branch in madurai

The MICR code 625010002 is used in RBI cheque clearing process to identify the branch Madurai Main 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.