MICR Code: 824010503

Bank: Allahabad Bank
IFSC Code: Alla0211297
MICR Code: 824010503
Address: P.O. Madanpur, Block - Madanpur, Dist Aurangabad - 824208
City: Aurangabad
District: Salaiya
State: Bihar

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 824010503.

  • In this case first three codes 824 is city code and it represents city Aurangabad.
  • Next three characters 010 represents bank Allahabad Bank.
  • Remaining characters which are 503 represents branch. In our case branch is located at address P.O. Madanpur, Block - Madanpur, Dist Aurangabad - 824208.

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.