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Allahabad Bank Karnataka Bangalore Karnataka MICR CODE

Find MICR Codes for Allahabad Bank Karnataka Bangalore Karnataka

Bank
State
District
City
Branch
Address

MICR Code	571010552
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ramnagara
Contact	9986964583
Bank Details	Allahabad Bank Ramnagara ALLA0212943

Location	Karnataka, Bangalore
City	Karnataka
District	Bangalore
State	Karnataka
Pincode	562159
Country	IN
Address	Allahabad bank nanjudeshwara building, b m road, vinayak nagar, ramnagara, karnataka 562159

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 571010552 for Ramnagara 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 571010552 of Allahabad Bank, Ramnagara branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Ramnagara 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 -

>>Ramnagara

MICR code for Allahabad Bank Ramnagara

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 Ramnagara 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. 571010552 is the MICR code of Allahabad Bank for Ramnagara branch. MICR code for Ramnagara 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 Ramnagara is presented in the table alongside.

Use of Allahabad Bank MICR code for Ramnagara branch in karnataka

The MICR code 571010552 is used in RBI cheque clearing process to identify the branch Ramnagara 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.