Allahabad Bank Patna Patna Bihar MICR CODE

Find MICR Codes for Allahabad Bank Patna Patna Bihar

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MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Patna Ashoknagar
Contact B Singh, Alok Ranjan,0612-2352907
Bank Details Allahabad Bank Patna Ashoknagar ALLA0211724
Location Patna, Patna
City Patna
District Patna
State Bihar
Pincode 800020
Country IN
Address 192,peoples co-operative colony kankarbagh dist - patna bihar 800020
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 800010012 for Patna Ashoknagar 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 800010012 of Allahabad Bank, Patna Ashoknagar branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Patna Ashoknagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Allahabad Bank Patna Ashoknagar

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 Patna Ashoknagar 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. 800010012 is the MICR code of Allahabad Bank for Patna Ashoknagar branch. MICR code for Patna Ashoknagar 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 Patna Ashoknagar is presented in the table alongside.

Use of Allahabad Bank MICR code for Patna Ashoknagar branch in patna

The MICR code 800010012 is used in RBI cheque clearing process to identify the branch Patna Ashoknagar 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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