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Allahabad Bank Nayagarh Nayagarh Orissa MICR CODE

Find MICR Codes for Allahabad Bank Nayagarh Nayagarh Orissa

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nayagarh
Contact 9937223905
Bank Details Allahabad Bank Nayagarh ALLA0213295
Location Nayagarh, Nayagarh
City Nayagarh
District Nayagarh
State Orissa
Pincode 752069
Country IN
Address Nayagarh branch,maa jhadeshwari complex,distt nayagarh , odhisa pin 752069
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 752010102 for Nayagarh 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 752010102 of Allahabad Bank, Nayagarh branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Nayagarh 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 -

>>Nayagarh

MICR code for Allahabad Bank Nayagarh

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 Nayagarh 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. 752010102 is the MICR code of Allahabad Bank for Nayagarh branch. MICR code for Nayagarh 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 Nayagarh is presented in the table alongside.

Use of Allahabad Bank MICR code for Nayagarh branch in nayagarh

The MICR code 752010102 is used in RBI cheque clearing process to identify the branch Nayagarh 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.