Allahabad Bank Kothapeta East Godavari Andhra Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Kothapeta East Godavari Andhra Pradesh

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MICR Code	500010019
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kothapet
Contact	Malladi Lakshmana Kumar: 9908214513, Mrudula Priyadarsini:9440542726,Branch Phone No:04024045252
Bank Details	Allahabad Bank Kothapet ALLA0212741

Location	Kothapeta, East Godavari
City	Kothapeta
District	East Godavari
State	Andhra Pradesh
Pincode	500035
Country	IN
Address	Allahabad bank, sairam avenue, 2-4-1049, plot no.35, new nagole, kothapet road, hyderabad-500035 ap

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 500010019 for Kothapet 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 500010019 of Allahabad Bank, Kothapet branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Kothapet 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 -

>>Kothapet

MICR code for Allahabad Bank Kothapet

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 Kothapet 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. 500010019 is the MICR code of Allahabad Bank for Kothapet branch. MICR code for Kothapet 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 Kothapet is presented in the table alongside.

Use of Allahabad Bank MICR code for Kothapet branch in kothapeta

The MICR code 500010019 is used in RBI cheque clearing process to identify the branch Kothapet 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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