Allahabad Bank Mehdipur Khagaria Bihar MICR CODE

Find MICR Codes for Allahabad Bank Mehdipur Khagaria Bihar

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MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mehdipur
Contact Shri Raajeshwar Roy 9199163228 & Shri Naveen Kumar-9570367104
Bank Details Allahabad Bank Mehdipur ALLA0211239
Location Mehdipur, Khagaria
City Mehdipur
District Khagaria
State Bihar
Pincode 851204
Country IN
Address At & po- mehdipur via parbatta district-khagaria(bihar)
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 851010501 for Mehdipur 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 851010501 of Allahabad Bank, Mehdipur branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Mehdipur 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 -

>>Mehdipur

MICR code for Allahabad Bank Mehdipur

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 Mehdipur 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. 851010501 is the MICR code of Allahabad Bank for Mehdipur branch. MICR code for Mehdipur 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 Mehdipur is presented in the table alongside.

Use of Allahabad Bank MICR code for Mehdipur branch in mehdipur

The MICR code 851010501 is used in RBI cheque clearing process to identify the branch Mehdipur 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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