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
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Lajpat Nagar
Contact Mr. C.R. Verma Sr. Manager,24647203, 24652014,Dellajpat@del.Allahabadbank.Co.In
Bank Details Allahabad Bank Lajpat Nagar ALLA0210363
Location Delhi, New Delhi
City Delhi
District New Delhi
State New Delhi
Pincode 110024
Country IN
Address A-13,moolchand shopping complex, ring road, opp mulchand hospital defence colony, lajpatnagar, new delhi - 85
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 110010013 for Lajpat Nagar 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 110010013 of Allahabad Bank, Lajpat Nagar branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Lajpat Nagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Allahabad Bank Lajpat Nagar

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 Lajpat Nagar 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. 110010013 is the MICR code of Allahabad Bank for Lajpat Nagar branch. MICR code for Lajpat Nagar 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 Lajpat Nagar is presented in the table alongside.

Use of Allahabad Bank MICR code for Lajpat Nagar branch in delhi

The MICR code 110010013 is used in RBI cheque clearing process to identify the branch Lajpat Nagar 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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