Allahabad Bank Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for Allahabad Bank Mumbai Greater Bombay Maharashtra

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MICR Code	400010050
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bhayander
Contact	Mr. Pankaj Suman, 9326613407,Mr. Satam, 9869040911
Bank Details	Allahabad Bank Bhayander ALLA0212894

Location	Mumbai, Greater Bombay
City	Mumbai
District	Greater Bombay
State	Maharashtra
Pincode	401101
Country	IN
Address	Shop no:3-7, vasant vaibhav, 150th road, bhayender west, thane-401101

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 400010050 for Bhayander 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 400010050 of Allahabad Bank, Bhayander branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Bhayander branch, makes the characters readable even if there are other marks and stamps on it.

A total of 16 branches of Allahabad Bank are available with micr code -

>>Badlapur >>Bandra >>Bandra West >>Bhayander >>Bkc >>Borivali >>Dadar (East) >>Kalwa Thane >>Kandivali(W) >>Kharghar >>Kurla >>Nerul >>Sanpada >>Treasury Branch >>Vasai >>Virar

MICR code for Allahabad Bank Bhayander

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 Bhayander 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. 400010050 is the MICR code of Allahabad Bank for Bhayander branch. MICR code for Bhayander 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 Bhayander is presented in the table alongside.

Use of Allahabad Bank MICR code for Bhayander branch in mumbai

The MICR code 400010050 is used in RBI cheque clearing process to identify the branch Bhayander 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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