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 Mayapuri
Contact 011-28117029
Bank Details Allahabad Bank Mayapuri ALLA0210712
Location Delhi, New Delhi
City Delhi
District New Delhi
State New Delhi
Pincode 110064
Country IN
Address 14, community centre, mayapuri industrial area phase - i
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 110010014 for Mayapuri 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 110010014 of Allahabad Bank, Mayapuri branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Mayapuri branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Allahabad Bank Mayapuri

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 Mayapuri 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. 110010014 is the MICR code of Allahabad Bank for Mayapuri branch. MICR code for Mayapuri 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 Mayapuri is presented in the table alongside.

Use of Allahabad Bank MICR code for Mayapuri branch in delhi

The MICR code 110010014 is used in RBI cheque clearing process to identify the branch Mayapuri 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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