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Allahabad Bank Shyambasur Chak South 24 Parganas West Bengal MICR CODE

Find MICR Codes for Allahabad Bank Shyambasur Chak South 24 Parganas West Bengal

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shyambasur Chak
Contact B.K Shaw 9332997903, Amit Mondal 03174-200155
Bank Details Allahabad Bank Shyambasur Chak ALLA0211384
Location Shyambasur Chak, South 24 Parganas
City Shyambasur Chak
District South 24 Parganas
State West Bengal
Pincode 743351
Country IN
Address Vill & p.o shyambasur chak , south 24 paraganas, west bengal 743351
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 700010510 for Shyambasur Chak 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 700010510 of Allahabad Bank, Shyambasur Chak branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Shyambasur Chak 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 -

>>Shyambasur Chak

MICR code for Allahabad Bank Shyambasur Chak

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 Shyambasur Chak 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. 700010510 is the MICR code of Allahabad Bank for Shyambasur Chak branch. MICR code for Shyambasur Chak 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 Shyambasur Chak is presented in the table alongside.

Use of Allahabad Bank MICR code for Shyambasur Chak branch in shyambasur chak

The MICR code 700010510 is used in RBI cheque clearing process to identify the branch Shyambasur Chak 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.