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Allahabad Bank Pakauli Vaishali Bihar MICR CODE

Find MICR Codes for Allahabad Bank Pakauli Vaishali Bihar

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pakauli
Contact Akhilesh Kumar:-9334850261
Bank Details Allahabad Bank Pakauli ALLA0211175
Location Pakauli, Vaishali
City Pakauli
District Vaishali
State Bihar
Pincode 844503
Country IN
Address Vill-po-pakauli dist-vaishali
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 844010503 for Pakauli 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 844010503 of Allahabad Bank, Pakauli branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Pakauli 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 -

>>Pakauli

MICR code for Allahabad Bank Pakauli

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 Pakauli 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. 844010503 is the MICR code of Allahabad Bank for Pakauli branch. MICR code for Pakauli 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 Pakauli is presented in the table alongside.

Use of Allahabad Bank MICR code for Pakauli branch in pakauli

The MICR code 844010503 is used in RBI cheque clearing process to identify the branch Pakauli 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.