Allahabad Bank Mathila Buxar Bihar MICR CODE

Find MICR Codes for Allahabad Bank Mathila Buxar Bihar

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MICR Code	802010508
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mathila
Contact	R.K. Das 9334111862
Bank Details	Allahabad Bank Mathila ALLA0211325

Location	Mathila, Buxar
City	Mathila
District	Buxar
State	Bihar
Pincode	802126
Country	IN
Address	Vill. & p.o. Mathila dist. Buxar

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 802010508 for Mathila 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 802010508 of Allahabad Bank, Mathila branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Mathila 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 -

>>Mathila

MICR code for Allahabad Bank Mathila

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 Mathila 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. 802010508 is the MICR code of Allahabad Bank for Mathila branch. MICR code for Mathila 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 Mathila is presented in the table alongside.

Use of Allahabad Bank MICR code for Mathila branch in mathila

The MICR code 802010508 is used in RBI cheque clearing process to identify the branch Mathila 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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