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Allahabad Bank Araria Araria Bihar MICR CODE

Find MICR Codes for Allahabad Bank Araria Araria Bihar

Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Matiyari
Contact Shri R. S. Choudhary, 8051827559, Shri Bimal Kriti, 9430696989
Bank Details Allahabad Bank Matiyari ALLA0212782
Location Araria, Araria
City Araria
District Araria
State Bihar
Pincode 854325
Country IN
Address Allahabad bank, vill- matiyari, distt araria pin-854325
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 854010505 for Matiyari 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 854010505 of Allahabad Bank, Matiyari branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Matiyari branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Allahabad Bank are available with micr code -

>>Araria >>Hathitara >>Matiyari

MICR code for Allahabad Bank Matiyari

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 Matiyari 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. 854010505 is the MICR code of Allahabad Bank for Matiyari branch. MICR code for Matiyari 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 Matiyari is presented in the table alongside.

Use of Allahabad Bank MICR code for Matiyari branch in araria

The MICR code 854010505 is used in RBI cheque clearing process to identify the branch Matiyari 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.