Allahabad Bank Sitapur Sitapur Uttar Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Sitapur Sitapur Uttar Pradesh

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MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sitapur Lalbagh
Contact Rajeev Srivastava, Sanjay Pant,05862-270834
Bank Details Allahabad Bank Sitapur Lalbagh ALLA0210694
Location Sitapur, Sitapur
City Sitapur
District Sitapur
State Uttar Pradesh
Pincode 261001
Country IN
Address Sehgal building, lalbagh dist. Sitapur uttar pradesh sitapur uttar pradesh 261001
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 0 for Sitapur Lalbagh 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 0 of Allahabad Bank, Sitapur Lalbagh branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Sitapur Lalbagh branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Allahabad Bank Sitapur Lalbagh

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 Sitapur Lalbagh 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. 0 is the MICR code of Allahabad Bank for Sitapur Lalbagh branch. MICR code for Sitapur Lalbagh 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 Sitapur Lalbagh is presented in the table alongside.

Use of Allahabad Bank MICR code for Sitapur Lalbagh branch in sitapur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sitapur Lalbagh 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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