Allahabad Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Allahabad Bank Bangalore Bangalore Urban Karnataka

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MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pala
Contact Marina Abraham, 09497821075, Prateesh George, 08089215004
Bank Details Allahabad Bank Pala ALLA0212830
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 686574
Country IN
Address Allahabad bank ,ward no.xix block no.80,puliyanoor village,meenachil taluk pala -686574 kottayam
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 686010302 for Pala 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 686010302 of Allahabad Bank, Pala branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Pala branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Allahabad Bank Pala

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 Pala 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. 686010302 is the MICR code of Allahabad Bank for Pala branch. MICR code for Pala 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 Pala is presented in the table alongside.

Use of Allahabad Bank MICR code for Pala branch in bangalore

The MICR code 686010302 is used in RBI cheque clearing process to identify the branch Pala 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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