Allahabad Bank Morvi Rajkot Gujarat MICR CODE

Find MICR Codes for Allahabad Bank Morvi Rajkot Gujarat

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MICR Code	363010021
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Morbi
Contact	Mr. Deepak Sriwas, Mr. Vijay Chavda, 02822-222423
Bank Details	Allahabad Bank Morbi ALLA0212501

Location	Morvi, Rajkot
City	Morvi
District	Rajkot
State	Gujarat
Pincode	363641
Country	IN
Address	Galaxy complex, shop no. 2 & 3, near ram chowk, sanala road, dist. Rajkot, morbi-363641

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 363010021 for Morbi 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 363010021 of Allahabad Bank, Morbi branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Morbi 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 -

>>Morbi

MICR code for Allahabad Bank Morbi

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 Morbi 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. 363010021 is the MICR code of Allahabad Bank for Morbi branch. MICR code for Morbi 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 Morbi is presented in the table alongside.

Use of Allahabad Bank MICR code for Morbi branch in morvi

The MICR code 363010021 is used in RBI cheque clearing process to identify the branch Morbi 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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