Allahabad Bank Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for Allahabad Bank Delhi New Delhi New Delhi

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MICR Code	110010040
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bindapur
Contact	011-25635171
Bank Details	Allahabad Bank Bindapur ALLA0210393

Location	Delhi, New Delhi
City	Delhi
District	New Delhi
State	New Delhi
Pincode	110059
Country	IN
Address	Plot no. 201, bindapur, p.o. Uttam nagar

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 110010040 for Bindapur 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 110010040 of Allahabad Bank, Bindapur branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Bindapur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 59 branches of Allahabad Bank are available with micr code -

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MICR code for Allahabad Bank Bindapur

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 Bindapur 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. 110010040 is the MICR code of Allahabad Bank for Bindapur branch. MICR code for Bindapur 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 Bindapur is presented in the table alongside.

Use of Allahabad Bank MICR code for Bindapur branch in delhi

The MICR code 110010040 is used in RBI cheque clearing process to identify the branch Bindapur 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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