Allahabad Bank Sagarpur Medinipur West Bengal MICR CODE

Find MICR Codes for Allahabad Bank Sagarpur Medinipur West Bengal

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MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sagarpur
Contact Kisto Murmu 9635543440,Niranjan Kumar 03225-254397
Bank Details Allahabad Bank Sagarpur ALLA0211219
Location Sagarpur, Medinipur
City Sagarpur
District Medinipur
State West Bengal
Pincode 721211
Country IN
Address Vill & po: sagarpur, block-daspur-i, dist: west midnapore-721211
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 721010808 for Sagarpur 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 721010808 of Allahabad Bank, Sagarpur branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Sagarpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Allahabad Bank are available with micr code -

>>Sagarpur

MICR code for Allahabad Bank Sagarpur

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 Sagarpur 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. 721010808 is the MICR code of Allahabad Bank for Sagarpur branch. MICR code for Sagarpur 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 Sagarpur is presented in the table alongside.

Use of Allahabad Bank MICR code for Sagarpur branch in sagarpur

The MICR code 721010808 is used in RBI cheque clearing process to identify the branch Sagarpur 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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