Allahabad Bank Oel Lakhimpur Kheri Uttar Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Oel Lakhimpur Kheri Uttar Pradesh

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MICR Code	262010768
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Oel
Contact	Sri Pramod Sharma, ,( , Ph.:-05872-227255) & Sri Rahul Singh, P.O.,Ph. 05872-227255
Bank Details	Allahabad Bank Oel ALLA0210340

Location	Oel, Lakhimpur Kheri
City	Oel
District	Lakhimpur Kheri
State	Uttar Pradesh
Pincode	262725
Country	IN
Address	Vill and p.o.-oel, distt- lakhimpur kheri,pin-262725

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 262010768 for Oel 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 262010768 of Allahabad Bank, Oel branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Oel branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Allahabad Bank are available with micr code -

>>Allahabad Up Gramin Oel >>Oel

MICR code for Allahabad Bank Oel

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 Oel 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. 262010768 is the MICR code of Allahabad Bank for Oel branch. MICR code for Oel 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 Oel is presented in the table alongside.

Use of Allahabad Bank MICR code for Oel branch in oel

The MICR code 262010768 is used in RBI cheque clearing process to identify the branch Oel 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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