Allahabad Bank Bokaro Bokaro Jharkhand MICR CODE

Find MICR Codes for Allahabad Bank Bokaro Bokaro Jharkhand

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MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chandrapura
Contact 6.5429199281e+013
Bank Details Allahabad Bank Chandrapura ALLA0213181
Location Bokaro, Bokaro
City Bokaro
District Bokaro
State Jharkhand
Pincode 828403
Country IN
Address Shree gurunanak gurudwara, station road, chandrapura, bokaro, jharkhand 828403
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 827010006 for Chandrapura 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 827010006 of Allahabad Bank, Chandrapura branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Chandrapura branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Allahabad Bank are available with micr code -

>>Bokaro Western Avenue >>Chandrapura >>Gomia >>Jogeshwar Colliery

MICR code for Allahabad Bank Chandrapura

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 Chandrapura 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. 827010006 is the MICR code of Allahabad Bank for Chandrapura branch. MICR code for Chandrapura 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 Chandrapura is presented in the table alongside.

Use of Allahabad Bank MICR code for Chandrapura branch in bokaro

The MICR code 827010006 is used in RBI cheque clearing process to identify the branch Chandrapura 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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