Allahabad Bank Neemuch Neemuch Madhya Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Neemuch Neemuch Madhya Pradesh

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MICR Code	458010051
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Neemuch
Contact	Mukesh Soni, Chetan Chauhan, 9039782055
Bank Details	Allahabad Bank Neemuch ALLA0212465

Location	Neemuch, Neemuch
City	Neemuch
District	Neemuch
State	Madhya Pradesh
Pincode	458110
Country	IN
Address	38 veer park road,neemuch,madhya pradesh 458110

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 458010051 for Neemuch 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 458010051 of Allahabad Bank, Neemuch branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Neemuch 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 -

>>Neemuch

MICR code for Allahabad Bank Neemuch

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 Neemuch 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. 458010051 is the MICR code of Allahabad Bank for Neemuch branch. MICR code for Neemuch 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 Neemuch is presented in the table alongside.

Use of Allahabad Bank MICR code for Neemuch branch in neemuch

The MICR code 458010051 is used in RBI cheque clearing process to identify the branch Neemuch 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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