Allahabad Bank Jaichandpur Katghara Shravasti Uttar Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Jaichandpur Katghara Shravasti Uttar Pradesh

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MICR Code	271010072
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Semgarha
Contact	A.K. Bansal 9451640881
Bank Details	Allahabad Bank Semgarha ALLA0211370

Location	Jaichandpur Katghara, Shravasti
City	Jaichandpur Katghara
District	Shravasti
State	Uttar Pradesh
Pincode	271835
Country	IN
Address	Po- jaichandpur katghara, district- srawasti, 271835 (u.p.)

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 271010072 for Semgarha 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 271010072 of Allahabad Bank, Semgarha branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Semgarha branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Allahabad Bank are available with micr code -

>>Allahabad Up Gramin J.C. Katghara >>Semgarha

MICR code for Allahabad Bank Semgarha

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 Semgarha 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. 271010072 is the MICR code of Allahabad Bank for Semgarha branch. MICR code for Semgarha 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 Semgarha is presented in the table alongside.

Use of Allahabad Bank MICR code for Semgarha branch in jaichandpur katghara

The MICR code 271010072 is used in RBI cheque clearing process to identify the branch Semgarha 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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