Allahabad Bank Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for Allahabad Bank Delhi New Delhi New Delhi

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MICR Code	110010010
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Karol Bagh
Contact	011-28755689
Bank Details	Allahabad Bank Karol Bagh ALLA0210162

Location	Delhi, New Delhi
City	Delhi
District	New Delhi
State	New Delhi
Pincode	100174
Country	IN
Address	100174,gurudwara road, near bikaner wala, karolbagh

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 110010010 for Karol Bagh 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 110010010 of Allahabad Bank, Karol Bagh branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Karol Bagh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 59 branches of Allahabad Bank are available with micr code -

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MICR code for Allahabad Bank Karol Bagh

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 Karol Bagh 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. 110010010 is the MICR code of Allahabad Bank for Karol Bagh branch. MICR code for Karol Bagh 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 Karol Bagh is presented in the table alongside.

Use of Allahabad Bank MICR code for Karol Bagh branch in delhi

The MICR code 110010010 is used in RBI cheque clearing process to identify the branch Karol Bagh 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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