Allahabad Bank Raipur Raipur Chhattisgarh MICR CODE

Find MICR Codes for Allahabad Bank Raipur Raipur Chhattisgarh

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MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jagdalpur
Contact Manoranjan Kartik, 9479207910 Deepak Bharadwaj, 9165509550
Bank Details Allahabad Bank Jagdalpur ALLA0212120
Location Raipur, Raipur
City Raipur
District Raipur
State Chhattisgarh
Pincode 494001
Country IN
Address Near balram printing press, , balaji ward, jagdalpur , pin - 494001
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 494010001 for Jagdalpur 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 494010001 of Allahabad Bank, Jagdalpur branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Jagdalpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 15 branches of Allahabad Bank are available with micr code -

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MICR code for Allahabad Bank Jagdalpur

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 Jagdalpur 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. 494010001 is the MICR code of Allahabad Bank for Jagdalpur branch. MICR code for Jagdalpur 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 Jagdalpur is presented in the table alongside.

Use of Allahabad Bank MICR code for Jagdalpur branch in raipur

The MICR code 494010001 is used in RBI cheque clearing process to identify the branch Jagdalpur 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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