Allahabad Bank Nawali Jalaun Uttar Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Nawali Jalaun Uttar Pradesh

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MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nawali
Contact Shri Yogesh Gupta, Shri Yudhisthir Lal, 9580235852, 9721782732
Bank Details Allahabad Bank Nawali ALLA0211386
Location Nawali, Jalaun
City Nawali
District Jalaun
State Uttar Pradesh
Pincode 285123
Country IN
Address Po and vill. - nawali, distt. - jalaun (u.p.)
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 285010503 for Nawali 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 285010503 of Allahabad Bank, Nawali branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Nawali 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 -

>>Nawali

MICR code for Allahabad Bank Nawali

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 Nawali 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. 285010503 is the MICR code of Allahabad Bank for Nawali branch. MICR code for Nawali 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 Nawali is presented in the table alongside.

Use of Allahabad Bank MICR code for Nawali branch in nawali

The MICR code 285010503 is used in RBI cheque clearing process to identify the branch Nawali 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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