Allahabad Bank Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for Allahabad Bank Mumbai Greater Bombay Maharashtra

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MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Borivali
Contact B B Patvardhan, Sanjay Damle, 9930951140
Bank Details Allahabad Bank Borivali ALLA0212505
Location Mumbai, Greater Bombay
City Mumbai
District Greater Bombay
State Maharashtra
Pincode 400092
Country IN
Address T l road junction, emperor square, babhaji junction, borivali (west), mumbai- 400092
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 400010036 for Borivali 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 400010036 of Allahabad Bank, Borivali branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Borivali 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 Borivali

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 Borivali 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. 400010036 is the MICR code of Allahabad Bank for Borivali branch. MICR code for Borivali 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 Borivali is presented in the table alongside.

Use of Allahabad Bank MICR code for Borivali branch in mumbai

The MICR code 400010036 is used in RBI cheque clearing process to identify the branch Borivali 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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