Allahabad Bank Shamnagar Satna Madhya Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Shamnagar Satna Madhya Pradesh

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MICR Code	485010022
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Shamnagar
Contact	Rakesh Relan 93028-82264, Tobais Beck 99816-18162
Bank Details	Allahabad Bank Shamnagar ALLA0210807

Location	Shamnagar, Satna
City	Shamnagar
District	Satna
State	Madhya Pradesh
Pincode	485446
Country	IN
Address	Allahabd bank vill&po shyamanagar distt satna

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 485010022 for Shamnagar 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 485010022 of Allahabad Bank, Shamnagar branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Shamnagar 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 -

>>Shamnagar

MICR code for Allahabad Bank Shamnagar

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 Shamnagar 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. 485010022 is the MICR code of Allahabad Bank for Shamnagar branch. MICR code for Shamnagar 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 Shamnagar is presented in the table alongside.

Use of Allahabad Bank MICR code for Shamnagar branch in shamnagar

The MICR code 485010022 is used in RBI cheque clearing process to identify the branch Shamnagar 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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