Allahabad Bank Derwa Pratapgarh Uttar Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Derwa Pratapgarh Uttar Pradesh

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MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Derwa Bazar
Contact Mr T. R Send , Senior Manager , 9369272685
Bank Details Allahabad Bank Derwa Bazar ALLA0212225
Location Derwa, Pratapgarh
City Derwa
District Pratapgarh
State Uttar Pradesh
Pincode 230128
Country IN
Address Campur derwa mahavidyalaya,vill.& p.o. Derwa bazar dist.pratapgarh u. P. 230128
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 0 for Derwa Bazar 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 0 of Allahabad Bank, Derwa Bazar branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Derwa Bazar 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 -

>>Derwa Bazar

MICR code for Allahabad Bank Derwa Bazar

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 Derwa Bazar 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. 0 is the MICR code of Allahabad Bank for Derwa Bazar branch. MICR code for Derwa Bazar 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 Derwa Bazar is presented in the table alongside.

Use of Allahabad Bank MICR code for Derwa Bazar branch in derwa

The MICR code 0 is used in RBI cheque clearing process to identify the branch Derwa Bazar 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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