Allahabad Bank Chakai Jamui Bihar MICR CODE

Find MICR Codes for Allahabad Bank Chakai Jamui Bihar

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MICR Code	854010504
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Chakai
Contact	Shri N. G. Jha, 8757276612, Shri Sujit Jaiswal, 9708340291
Bank Details	Allahabad Bank Chakai ALLA0212780

Location	Chakai, Jamui
City	Chakai
District	Jamui
State	Bihar
Pincode	854329
Country	IN
Address	Allahabad bank, at po chakai,ps jokihat dist araria(bihar), pin-854329

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 854010504 for Chakai 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 854010504 of Allahabad Bank, Chakai branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Chakai 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 -

>>Chakai

MICR code for Allahabad Bank Chakai

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 Chakai 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. 854010504 is the MICR code of Allahabad Bank for Chakai branch. MICR code for Chakai 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 Chakai is presented in the table alongside.

Use of Allahabad Bank MICR code for Chakai branch in chakai

The MICR code 854010504 is used in RBI cheque clearing process to identify the branch Chakai 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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