IFSC code: ALLA0213256 and MICR code: 491010507 ALLAHABAD BANK MOHDIPAT

BANK NAME ALLAHABAD BANK
IFSC CODE ALLA0213256
MICR CODE 491010507
BRANCH NAME MOHDIPAT
ADDRESS DEWANGAN SAMUDAYIK BHAWAN- IN FRONT GOVT. H.S. SCHOOL- VILL. MOHDIPAT- PO. KHURSUNI- BLOCK GUNDERDEHI- DIST. BALOD- CHHATTISGARH- PIN 491225
CONTACT 9406128862
CITY BALOD
DISTRICT DURG
STATE CHHATTISGARH

IFSC code: ALLA0213256 and MICR code: 491010507 ALLAHABAD BANK MOHDIPAT

What is IFSC Code?

IFSC is an acronym for Indian Financial System Code.IFSC code is an interesting eleven-digit number which is a mix of letters in order and numerals. It is utilized to exchange stores online for NEFT, IMPS and RTGS exchanges. Ordinarily, the IFSC code can be found on the registration given by the bank. It can likewise be found on the first page of the accountholder's passbook. The IFSC code of each bank office is appointed by the Reserve Bank of India. The account holders can without much of a stretch check the IFSC code of their bank/office on the Reserve Bank of India's site. Web keeping money exchanges for exchanging reserves, utilizing NEFT, IMPS, and RTGS, can't be started without a legitimate Indian Financial System Code.

Format for Bank IFSC Code

491010507 is a ALLAHABAD BANK MOHDIPAT branch BALOD IFSC Code ( ALLA0213256 ).

  • Initial 4 characters represent ALLAHABAD BANK bank name.( ALLA0213256 )
  • Fifth position has been defaulted with a '0' (Zero) for sometime later ( ALLA0213256 )
  • Last 6 character means the ALLAHABAD BANK MOHDIPAT branch code ( ALLA0213256 )

What Is MICR Code?

MICR is an acronym for Magnetic Ink Character Recognition. Principally, this inventive innovation confirms the lawfulness and believability of paper-based document(s) in the managing an account database. It can be found on checks. MICR is at standard with IFSC to the extent the security of a reserve exchange is concerned.

MICR code is a result of very propelled Character Recognition Technology (CRT) utilized by banks to confirm checks for free. MICR innovation is utilized for other bank archives too. A MICR code is set at the base of a check. It incorporates subtle elements such as the bank code, account points of interest, sum, and check number, nearby a control pointer. The greatest preferred standpoint of MICR innovation is that it emerges among comparative ideas, for example, scanner tags, as MICR can be perused and recognized by people effectively.

491010507 is a ALLAHABAD BANK MOHDIPAT branch BALOD MICR Code ( 491010507 ).

Difference between IFSC Code & MICR Code

How about we accumulate an unmistakable comprehension of both and figure out how they vary from each other-

IFSC Code

MICR Code

It is utilized to encourage electronic cash exchange between the banks in India. It is utilized to encourage electronic cash exchange between the banks in India.
IFSC Code is a 11-digit alpha-numeric code. MICR is a 9-digit code.
The initial four characters show the name of the bank. The initial three digits speak to the city code where the bank office is found.
Last 6 digits speak to the bank area Last three digits demonstrate the bank office code.


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