Allahabad Bank Amba Aurangabad Bihar MICR CODE

Find MICR Codes for Allahabad Bank Amba Aurangabad Bihar

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MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Singhpur
Contact A. K. Chowdhury, Arun Kumar 9334874691
Bank Details Allahabad Bank Singhpur ALLA0210900
Location Amba, Aurangabad
City Amba
District Aurangabad
State Bihar
Pincode 824202
Country IN
Address Vill.& p.o. Amba via - amba dist - aurangabad
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 824010501 for Singhpur 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 824010501 of Allahabad Bank, Singhpur branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Singhpur 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 -

>>Singhpur

MICR code for Allahabad Bank Singhpur

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 Singhpur 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. 824010501 is the MICR code of Allahabad Bank for Singhpur branch. MICR code for Singhpur 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 Singhpur is presented in the table alongside.

Use of Allahabad Bank MICR code for Singhpur branch in amba

The MICR code 824010501 is used in RBI cheque clearing process to identify the branch Singhpur 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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