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 R T Nagar
Contact Cvr Reddy, 7676357104 Preeeti Yadav, 9742088249
Bank Details Allahabad Bank R T Nagar ALLA0212672
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560032
Country IN
Address R.t nagar , 324 by 62 bellary main road, ganga nagar, rt nagar bangalore 560032
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 560010019 for R T Nagar 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 560010019 of Allahabad Bank, R T Nagar branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for R T Nagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Allahabad Bank R T Nagar

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 R T Nagar 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. 560010019 is the MICR code of Allahabad Bank for R T Nagar branch. MICR code for R T Nagar 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 R T Nagar is presented in the table alongside.

Use of Allahabad Bank MICR code for R T Nagar branch in bangalore

The MICR code 560010019 is used in RBI cheque clearing process to identify the branch R T Nagar 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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