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Allahabad Bank Pargodi Dumka Jharkhand MICR CODE

Find MICR Codes for Allahabad Bank Pargodi Dumka Jharkhand

MICR Code:
Bank: Allahabad Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Pargodi
Contact: Ashok Prasad (Bm) 9472754908,Shiv Shanker Singh(Po)_9693468061
Bank Details: Allahabad Bank Pargodi ALLA0211166
Location: Pargodi, Dumka
City: Pargodi
District: Dumka
State: Jharkhand
Pincode: 814101
Country: IN
Address: P.o.pargodi dist:dumka
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 814010504 for Pargodi 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 814010504 of Allahabad Bank, Pargodi branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Pargodi 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 -

>>Pargodi

MICR code for Allahabad Bank Pargodi

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 Pargodi 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. 814010504 is the MICR code of Allahabad Bank for Pargodi branch. MICR code for Pargodi 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 Pargodi is presented in the table alongside.

Use of Allahabad Bank MICR code for Pargodi branch in pargodi

The MICR code 814010504 is used in RBI cheque clearing process to identify the branch Pargodi 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.