Allahabad Bank Angwali Bokaro Jharkhand MICR CODE

Find MICR Codes for Allahabad Bank Angwali Bokaro Jharkhand

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MICR Code	827010501
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Angwali Colliery
Contact	Subhash Bhagat 06549-246031,Ashish Dang
Bank Details	Allahabad Bank Angwali Colliery ALLA0211008

Location	Angwali, Bokaro
City	Angwali
District	Bokaro
State	Jharkhand
Pincode	829151
Country	IN
Address	Vill& p.o angwali, via-dhori,bokaro

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 827010501 for Angwali Colliery 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 827010501 of Allahabad Bank, Angwali Colliery branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Angwali Colliery 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 -

>>Angwali Colliery

MICR code for Allahabad Bank Angwali Colliery

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 Angwali Colliery 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. 827010501 is the MICR code of Allahabad Bank for Angwali Colliery branch. MICR code for Angwali Colliery 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 Angwali Colliery is presented in the table alongside.

Use of Allahabad Bank MICR code for Angwali Colliery branch in angwali

The MICR code 827010501 is used in RBI cheque clearing process to identify the branch Angwali Colliery 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.

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