MICR Code: 481010001

Bank: Allahabad Bank
IFSC Code: Alla0210554
MICR Code: 481010001
Address: Main Road New Sarafa, Po & Dist: Balaghat Madhya Pradesh Pin 481 001
City: Balaghat
District: Balaghat
State: Madhya Pradesh

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 481010001.

  • In this case first three codes 481 is city code and it represents city Balaghat.
  • Next three characters 010 represents bank Allahabad Bank.
  • Remaining characters which are 001 represents branch. In our case branch is located at address Main Road New Sarafa, Po & Dist: Balaghat Madhya Pradesh Pin 481 001.

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.