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Allahabad Bank Bhagalpur Bhagalpur Bihar MICR CODE

Find MICR Codes for Allahabad Bank Bhagalpur Bhagalpur Bihar

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Marwari College
Contact Shri Pramod Kumar Singh 9334834384 Rinki Kumari-9199204590
Bank Details Allahabad Bank Marwari College ALLA0212297
Location Bhagalpur, Bhagalpur
City Bhagalpur
District Bhagalpur
State Bihar
Pincode 812001
Country IN
Address Marwari college campus, po-tnb college, dist-bhagalpur(bihar)
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 812010006 for Marwari College 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 812010006 of Allahabad Bank, Marwari College branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Marwari College branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Allahabad Bank are available with micr code -

>>Bhagalpur >>Bhagalpur Agrl. >>Bhagalpur T N B >>Bhawanipur >>Marwari College >>Rmpc Bhagalpur

MICR code for Allahabad Bank Marwari College

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 Marwari College 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. 812010006 is the MICR code of Allahabad Bank for Marwari College branch. MICR code for Marwari College 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 Marwari College is presented in the table alongside.

Use of Allahabad Bank MICR code for Marwari College branch in bhagalpur

The MICR code 812010006 is used in RBI cheque clearing process to identify the branch Marwari College 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.