Allahabad Bank Hyderabad Hyderabad Andhra Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Hyderabad Hyderabad Andhra Pradesh

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MICR Code	500010014
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Malkajgiri
Contact	K.G.M Faizani,A.S.B Kirichum 040-2720106
Bank Details	Allahabad Bank Malkajgiri ALLA0212262

Location	Hyderabad, Hyderabad
City	Hyderabad
District	Hyderabad
State	Andhra Pradesh
Pincode	500873
Country	IN
Address	H no 42-482/53/a , gayathrinagar,near radhika theatre, moula ali, malajgiri, hyderabad

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 500010014 for Malkajgiri 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 500010014 of Allahabad Bank, Malkajgiri branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Malkajgiri branch, makes the characters readable even if there are other marks and stamps on it.

A total of 15 branches of Allahabad Bank are available with micr code -

>>Avn College >>Banjara Hills >>Buduppal >>Dd Colony >>Gachibowli >>Habsiguda >>Hyde Shah Kot >>Jubilee Hills >>Kukatpally >>Malkajgiri >>Miyapur >>Tollychowki >>Vanasthalipuram Branch >>Wesley Boys Junior School >>Wesley Girls High School

MICR code for Allahabad Bank Malkajgiri

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 Malkajgiri 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. 500010014 is the MICR code of Allahabad Bank for Malkajgiri branch. MICR code for Malkajgiri 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 Malkajgiri is presented in the table alongside.

Use of Allahabad Bank MICR code for Malkajgiri branch in hyderabad

The MICR code 500010014 is used in RBI cheque clearing process to identify the branch Malkajgiri 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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