Allahabad Bank Chopan Sonbhadra Uttar Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Chopan Sonbhadra Uttar Pradesh

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MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Panari
Contact Peter Herman Lugun 9191913773,Ravi Kant, 7800589745
Bank Details Allahabad Bank Panari ALLA0212746
Location Chopan, Sonbhadra
City Chopan
District Sonbhadra
State Uttar Pradesh
Pincode 231219
Country IN
Address Allahabad bank, panari branch, vill & post panari, obra road , block chopan, sonebhadra, u.p-231219
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 231010177 for Panari 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 231010177 of Allahabad Bank, Panari branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Panari branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Allahabad Bank are available with micr code -

>>Allahabad Up Gramin Chopan >>Kachnarwa >>Panari >>Salkhan

MICR code for Allahabad Bank Panari

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 Panari 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. 231010177 is the MICR code of Allahabad Bank for Panari branch. MICR code for Panari 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 Panari is presented in the table alongside.

Use of Allahabad Bank MICR code for Panari branch in chopan

The MICR code 231010177 is used in RBI cheque clearing process to identify the branch Panari 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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