Allahabad Bank Hyderabad Hyderabad Andhra Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Hyderabad Hyderabad Andhra Pradesh

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MICR Code	500010012
Bank	Allahabad Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Vanasthalipuram Branch
Contact	A Rajshekar Reddy ,M B Prasad 040-24241519
Bank Details	Allahabad Bank Vanasthalipuram Branch ALLA0212227

Location	Hyderabad, Hyderabad
City	Hyderabad
District	Hyderabad
State	Andhra Pradesh
Pincode	500070
Country	IN
Address	House no 5-6 ,192, gr floor, vaidehi nagar ,vanashthalipuram,hyderabad

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 500010012 for Vanasthalipuram Branch 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 500010012 of Allahabad Bank, Vanasthalipuram Branch branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Vanasthalipuram Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 15 branches of Allahabad Bank are available with micr code -

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MICR code for Allahabad Bank Vanasthalipuram Branch

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 Vanasthalipuram Branch 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. 500010012 is the MICR code of Allahabad Bank for Vanasthalipuram Branch branch. MICR code for Vanasthalipuram Branch 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 Vanasthalipuram Branch is presented in the table alongside.

Use of Allahabad Bank MICR code for Vanasthalipuram Branch branch in hyderabad

The MICR code 500010012 is used in RBI cheque clearing process to identify the branch Vanasthalipuram Branch 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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