MICR Code: 470010003

Bank: Allahabad Bank
IFSC Code: Alla0213396
MICR Code: 470010003
Address: C/O. Sri Ram Naresh Singh, Opp. Rozgar Karyalay Tilli Ward, Tilli Road, Sagar, M.P.-470002
City: Sagar
District: Sagar
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 470010003.

  • In this case first three codes 470 is city code and it represents city Sagar.
  • Next three characters 010 represents bank Allahabad Bank.
  • Remaining characters which are 003 represents branch. In our case branch is located at address C/O. Sri Ram Naresh Singh, Opp. Rozgar Karyalay Tilli Ward, Tilli Road, Sagar, M.P.-470002.

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.