Allahabad Bank Hyderabad Hyderabad Urban Andhra Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Hyderabad Hyderabad Urban Andhra Pradesh

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MICR Code	500010007
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Hyderabad Balanagar
Contact	A.R.S Reddy,Rama Reddy
Bank Details	Allahabad Bank Hyderabad Balanagar ALLA0211472

Location	Hyderabad, Hyderabad Urban
City	Hyderabad
District	Hyderabad Urban
State	Andhra Pradesh
Pincode	500042
Country	IN
Address	3/2-6, balanagar main road,h.a.l post, hyderabad,andhra pradesh

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 500010007 for Hyderabad Balanagar 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 500010007 of Allahabad Bank, Hyderabad Balanagar branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Hyderabad Balanagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Allahabad Bank are available with micr code -

>>Chittoor >>Himayatnagar Branch Hyderabad >>Hyderabad >>Hyderabad Balanagar >>Hyderabad Maruti Nagar >>Hyderabad Santosh Nagar >>Ifb Hyderabad >>Ifb Hyderabad >>Nhs Patamata Branch >>Viveknagar Chkdpli

MICR code for Allahabad Bank Hyderabad Balanagar

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 Hyderabad Balanagar 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. 500010007 is the MICR code of Allahabad Bank for Hyderabad Balanagar branch. MICR code for Hyderabad Balanagar 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 Hyderabad Balanagar is presented in the table alongside.

Use of Allahabad Bank MICR code for Hyderabad Balanagar branch in hyderabad

The MICR code 500010007 is used in RBI cheque clearing process to identify the branch Hyderabad Balanagar 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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