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	110010045
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Navyug Market
Contact	0120-2797759
Bank Details	Allahabad Bank Navyug Market ALLA0210515

Location	Delhi, New Delhi
City	Delhi
District	New Delhi
State	New Delhi
Pincode	201001
Country	IN
Address	55 navyug market, ghaziabad

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 110010045 for Navyug Market 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 110010045 of Allahabad Bank, Navyug Market branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Navyug Market branch, makes the characters readable even if there are other marks and stamps on it.

A total of 59 branches of Allahabad Bank are available with micr code -

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MICR code for Allahabad Bank Navyug Market

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 Navyug Market 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. 110010045 is the MICR code of Allahabad Bank for Navyug Market branch. MICR code for Navyug Market 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 Navyug Market is presented in the table alongside.

Use of Allahabad Bank MICR code for Navyug Market branch in delhi

The MICR code 110010045 is used in RBI cheque clearing process to identify the branch Navyug Market 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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