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Allahabad Bank Ranchi Ranchi Jharkhand MICR CODE

Find MICR Codes for Allahabad Bank Ranchi Ranchi Jharkhand

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rinpas
Contact Saroja Soren, Deepak,0651-2451120
Bank Details Allahabad Bank Rinpas ALLA0212013
Location Ranchi, Ranchi
City Ranchi
District Ranchi
State Jharkhand
Pincode 834006
Country IN
Address Rinpas branch, p.o-kanke dist-ranchi jharkhand 834006
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 834010007 for Rinpas 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 834010007 of Allahabad Bank, Rinpas branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Rinpas branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Allahabad Bank Rinpas

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 Rinpas 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. 834010007 is the MICR code of Allahabad Bank for Rinpas branch. MICR code for Rinpas 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 Rinpas is presented in the table alongside.

Use of Allahabad Bank MICR code for Rinpas branch in ranchi

The MICR code 834010007 is used in RBI cheque clearing process to identify the branch Rinpas 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.