Allahabad Bank Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for Allahabad Bank Mumbai Greater Bombay Maharashtra

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MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vasai
Contact Sh Uttam Khot, Sh Rakesh Kumar, 0250-2384777
Bank Details Allahabad Bank Vasai ALLA0212543
Location Mumbai, Greater Bombay
City Mumbai
District Greater Bombay
State Maharashtra
Pincode
Country IN
Address Homage bhavan,richmond town, babhola naka, vasai
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 Vasai 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, Vasai branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Vasai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 16 branches of Allahabad Bank are available with micr code -

>>Badlapur >>Bandra >>Bandra West >>Bhayander >>Bkc >>Borivali >>Dadar (East) >>Kalwa Thane >>Kandivali(W) >>Kharghar >>Kurla >>Nerul >>Sanpada >>Treasury Branch >>Vasai >>Virar

MICR code for Allahabad Bank Vasai

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 Vasai 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 Vasai branch. MICR code for Vasai 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 Vasai is presented in the table alongside.

Use of Allahabad Bank MICR code for Vasai branch in mumbai

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