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Allahabad Bank Purnea Purnea Bihar MICR CODE

Find MICR Codes for Allahabad Bank Purnea Purnea Bihar

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Purnea
Contact P Ravi
Bank Details Allahabad Bank Purnea ALLA0210587
Location Purnea, Purnea
City Purnea
District Purnea
State Bihar
Pincode 854301
Country IN
Address National high way,31 jail chowk, purnia-854301
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 0 for Purnea 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 0 of Allahabad Bank, Purnea branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Purnea 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 -

>>Purnea

MICR code for Allahabad Bank Purnea

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 Purnea 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. 0 is the MICR code of Allahabad Bank for Purnea branch. MICR code for Purnea 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 Purnea is presented in the table alongside.

Use of Allahabad Bank MICR code for Purnea branch in purnea

The MICR code 0 is used in RBI cheque clearing process to identify the branch Purnea 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.