Allahabad Bank Moradabad Lodhipur Rajput Uttar Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Moradabad Lodhipur Rajput Uttar Pradesh

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MICR Code	244010051
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Lodhipur Rajput
Contact	8958118377
Bank Details	Allahabad Bank Lodhipur Rajput ALLA0213368

Location	Moradabad, Lodhipur Rajput
City	Moradabad
District	Lodhipur Rajput
State	Uttar Pradesh
Pincode	244102
Country	IN
Address	Allahabad bank,lodhipur rajput brancg,iftm university campus,vill& po lodhapur rajput distt moradabad (up) 244102

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 244010051 for Lodhipur Rajput 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 244010051 of Allahabad Bank, Lodhipur Rajput branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Lodhipur Rajput 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 -

>>Lodhipur Rajput

MICR code for Allahabad Bank Lodhipur Rajput

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 Lodhipur Rajput 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. 244010051 is the MICR code of Allahabad Bank for Lodhipur Rajput branch. MICR code for Lodhipur Rajput 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 Lodhipur Rajput is presented in the table alongside.

Use of Allahabad Bank MICR code for Lodhipur Rajput branch in moradabad

The MICR code 244010051 is used in RBI cheque clearing process to identify the branch Lodhipur Rajput 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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