Allahabad Bank Janjgir Champa Malkharoda Chhattisgarh MICR CODE

Find MICR Codes for Allahabad Bank Janjgir Champa Malkharoda Chhattisgarh

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MICR Code	495010505
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Malkharoda
Contact	A.C.Dey 9424347430 R.K.Meena 9584184547
Bank Details	Allahabad Bank Malkharoda ALLA0210731

Location	Janjgir Champa, Malkharoda
City	Janjgir Champa
District	Malkharoda
State	Chhattisgarh
Pincode	495691
Country	IN
Address	Malkharoda vill & p.o. Malkharoda dist – janjgir-champa (chhatisgarh) p in – 495691

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 495010505 for Malkharoda 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 495010505 of Allahabad Bank, Malkharoda branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Malkharoda 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 -

>>Malkharoda

MICR code for Allahabad Bank Malkharoda

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 Malkharoda 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. 495010505 is the MICR code of Allahabad Bank for Malkharoda branch. MICR code for Malkharoda 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 Malkharoda is presented in the table alongside.

Use of Allahabad Bank MICR code for Malkharoda branch in janjgir champa

The MICR code 495010505 is used in RBI cheque clearing process to identify the branch Malkharoda 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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