Allahabad Bank Lagargawan Satna Madhya Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Lagargawan Satna Madhya Pradesh

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MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sharda Gramin Lagargawan
Contact Shri I P S Tomar, 9425899771
Bank Details Allahabad Bank Sharda Gramin Lagargawan ALLA0SG5027
Location Lagargawan, Satna
City Lagargawan
District Satna
State Madhya Pradesh
Pincode 485001
Country IN
Address Village, lagargawan, post lagargawan, district, satna, m.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 485956027 for Sharda Gramin Lagargawan 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 485956027 of Allahabad Bank, Sharda Gramin Lagargawan branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Sharda Gramin Lagargawan 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 -

>>Sharda Gramin Lagargawan

MICR code for Allahabad Bank Sharda Gramin Lagargawan

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 Sharda Gramin Lagargawan 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. 485956027 is the MICR code of Allahabad Bank for Sharda Gramin Lagargawan branch. MICR code for Sharda Gramin Lagargawan 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 Sharda Gramin Lagargawan is presented in the table alongside.

Use of Allahabad Bank MICR code for Sharda Gramin Lagargawan branch in lagargawan

The MICR code 485956027 is used in RBI cheque clearing process to identify the branch Sharda Gramin Lagargawan 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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