Allahabad Bank Nalanda Nalanda Bihar MICR CODE

Find MICR Codes for Allahabad Bank Nalanda Nalanda Bihar

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District
City
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Address

MICR Code	803010502
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Islampur
Contact	Anil Kumar, P Chaturvedi,06111-257034
Bank Details	Allahabad Bank Islampur ALLA0210223

Location	Nalanda, Nalanda
City	Nalanda
District	Nalanda
State	Bihar
Pincode	801303
Country	IN
Address	Main road,islampur,dist nalanda bihar-801303

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 803010502 for Islampur 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 803010502 of Allahabad Bank, Islampur branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Islampur 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 -

>>Islampur >>Juniar >>Kamta >>Panhar (Rural)

MICR code for Allahabad Bank Islampur

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 Islampur 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. 803010502 is the MICR code of Allahabad Bank for Islampur branch. MICR code for Islampur 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 Islampur is presented in the table alongside.

Use of Allahabad Bank MICR code for Islampur branch in nalanda

The MICR code 803010502 is used in RBI cheque clearing process to identify the branch Islampur 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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