Allahabad Bank Goaltoli Katihar Bihar MICR CODE

Find MICR Codes for Allahabad Bank Goaltoli Katihar Bihar

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MICR Code	854010706
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Gwaltoli
Contact	Shri Sakeel Ahmad 9334954826& Anurag Kumar-9199405117
Bank Details	Allahabad Bank Gwaltoli ALLA0211334

Location	Goaltoli, Katihar
City	Goaltoli
District	Katihar
State	Bihar
Pincode
Country	IN
Address	Vill-gwaltoli via-barsoi dist-katihar(bihar)

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 854010706 for Gwaltoli 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 854010706 of Allahabad Bank, Gwaltoli branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Gwaltoli 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 -

>>Gwaltoli

MICR code for Allahabad Bank Gwaltoli

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 Gwaltoli 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. 854010706 is the MICR code of Allahabad Bank for Gwaltoli branch. MICR code for Gwaltoli 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 Gwaltoli is presented in the table alongside.

Use of Allahabad Bank MICR code for Gwaltoli branch in goaltoli

The MICR code 854010706 is used in RBI cheque clearing process to identify the branch Gwaltoli 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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