Allahabad Bank Nawada Nawada Bihar MICR CODE

Find MICR Codes for Allahabad Bank Nawada Nawada Bihar

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MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Khanwan (Rural)
Contact Rishikesh Kumar, 9304024086
Bank Details Allahabad Bank Khanwan (Rural) ALLA0212799
Location Nawada, Nawada
City Nawada
District Nawada
State Bihar
Pincode 805122
Country IN
Address Vill po- khanwan, ps- narhat, distt. - nawada, bihar-805122
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.

Search Allahabad Bank MICR Codes in nawada

You can search through MICR Codes of Bihar branches in nawada of District nawada in Bihar State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Allahabad Bank are available with micr code -

>>Khanwan (Rural)

How to find MICR codes for Allahabad Bank in nawada?

Allahabad Bank nawada MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Allahabad Bank MICR codes list for nawada, one can further search by branch name specified in the table. You can find MICR codes for all Allahabad Bank nawada branches.

Allahabad Bank MICR code in nawada

Allahabad Bank MICR code is a character recognition technology used by banks in the processing of cheques. Allahabad Bank MICR code for nawada branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Allahabad Bank branches in nawada, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Allahabad Bank MICR code for nawada branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Allahabad Bank nawada branch, sprinted 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. Thus MICR code for Allahabad Bank nawada branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Allahabad Bank MICR codes for nawada branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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