Allahabad Bank Nawada Nawada Bihar MICR CODE

Find MICR Codes for Allahabad Bank Nawada Nawada Bihar

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MICR Code	805010502
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Khanwan (Rural)
Contact	Rishikesh Kumar, 9304024086
Bank Details	Allahabad Bank Khanwan (Rural) ALLA0212799

Location	Nawada, Nawada
City	Nawada
District	Nawada
State	Bihar
Pincode	805122
Country	IN
Address	Vill po- khanwan, ps- narhat, distt. - nawada, bihar-805122

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 805010502 for Khanwan (Rural) 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 805010502 of Allahabad Bank, Khanwan (Rural) branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Khanwan (Rural) 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 -

>>Khanwan (Rural)

MICR code for Allahabad Bank Khanwan (Rural)

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 Khanwan (Rural) 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. 805010502 is the MICR code of Allahabad Bank for Khanwan (Rural) branch. MICR code for Khanwan (Rural) 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 Khanwan (Rural) is presented in the table alongside.

Use of Allahabad Bank MICR code for Khanwan (Rural) branch in nawada

The MICR code 805010502 is used in RBI cheque clearing process to identify the branch Khanwan (Rural) 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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