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Allahabad Bank Pachore Rajgarh Madhya Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Pachore Rajgarh Madhya Pradesh

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pachore
Contact H.S. Dhawan 9303411910, Deepak Mourya 07371-226675
Bank Details Allahabad Bank Pachore ALLA0210202
Location Pachore, Rajgarh
City Pachore
District Rajgarh
State Madhya Pradesh
Pincode 465683
Country IN
Address Near pachore petrol pump, vill. & p.o. Pachore, dist. Rajgarh,pachore - 465 683,madhya pradesh,
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 465010003 for Pachore 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 465010003 of Allahabad Bank, Pachore branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Pachore 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 -

>>Pachore

MICR code for Allahabad Bank Pachore

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 Pachore 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. 465010003 is the MICR code of Allahabad Bank for Pachore branch. MICR code for Pachore 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 Pachore is presented in the table alongside.

Use of Allahabad Bank MICR code for Pachore branch in pachore

The MICR code 465010003 is used in RBI cheque clearing process to identify the branch Pachore 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.