Allahabad Bank Raipur Raipur Chhattisgarh MICR CODE

Find MICR Codes for Allahabad Bank Raipur Raipur Chhattisgarh

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MICR Code	495010503
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Pandaria
Contact	R.K.Singh, Uday Majhi, 9827471198
Bank Details	Allahabad Bank Pandaria ALLA0212372

Location	Raipur, Raipur
City	Raipur
District	Raipur
State	Chhattisgarh
Pincode	491559
Country	IN
Address	Pandaria, lormi road, near bus stand, dist. Kabirdham, pin - 491559

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 495010503 for Pandaria 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 495010503 of Allahabad Bank, Pandaria branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Pandaria branch, makes the characters readable even if there are other marks and stamps on it.

A total of 15 branches of Allahabad Bank are available with micr code -

>>Bemetra >>Civil Lines >>Dhamtari >>Dindayal Upadhaya Nagar >>Dondekhurd >>Jagdalpur >>Khodri >>Kisungarh >>Kosala >>Naya Raipur >>Pandaria >>Raipur >>Raipur Shyam Nagar >>Raipur Sunder Nagar >>Rmpc Raipur

MICR code for Allahabad Bank Pandaria

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 Pandaria 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. 495010503 is the MICR code of Allahabad Bank for Pandaria branch. MICR code for Pandaria 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 Pandaria is presented in the table alongside.

Use of Allahabad Bank MICR code for Pandaria branch in raipur

The MICR code 495010503 is used in RBI cheque clearing process to identify the branch Pandaria 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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