MICR Code: 768010501
| Bank: Allahabad Bank |
| IFSC Code: Alla0211403 |
| MICR Code: 768010501 |
| Address: Vill & P.O. H. Katapalli Via Jharsuguda, Dist Jharsuguda, Orissa Pin 768 201 Orissa |
| City: Bargarh |
| District: Katapali(Barpali) |
| State: Odisha |
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 768010501.
- In this case first three codes 768 is city code and it represents city Bargarh.
- Next three characters 010 represents bank Allahabad Bank.
- Remaining characters which are 501 represents branch. In our case branch is located at address Vill & P.O. H. Katapalli Via Jharsuguda, Dist Jharsuguda, Orissa Pin 768 201 Orissa.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.