Allahabad Bank Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for Allahabad Bank Mumbai Greater Bombay Maharashtra

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MICR Code	400010057
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Sanpada
Contact	9820895751
Bank Details	Allahabad Bank Sanpada ALLA0213493

Location	Mumbai, Greater Bombay
City	Mumbai
District	Greater Bombay
State	Maharashtra
Pincode	400705
Country	IN
Address	Allahabad bank, sanpada branch, unit no.6, ground floor (annexe building), banking complex-ii, plot no. 9 & 10, sector 19a, sanpada, navi mumbai - 400705

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 400010057 for Sanpada 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 400010057 of Allahabad Bank, Sanpada branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Sanpada branch, makes the characters readable even if there are other marks and stamps on it.

A total of 16 branches of Allahabad Bank are available with micr code -

>>Badlapur >>Bandra >>Bandra West >>Bhayander >>Bkc >>Borivali >>Dadar (East) >>Kalwa Thane >>Kandivali(W) >>Kharghar >>Kurla >>Nerul >>Sanpada >>Treasury Branch >>Vasai >>Virar

MICR code for Allahabad Bank Sanpada

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 Sanpada 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. 400010057 is the MICR code of Allahabad Bank for Sanpada branch. MICR code for Sanpada 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 Sanpada is presented in the table alongside.

Use of Allahabad Bank MICR code for Sanpada branch in mumbai

The MICR code 400010057 is used in RBI cheque clearing process to identify the branch Sanpada 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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