MICR Code: 243010009

Bank: Allahabad Bank
IFSC Code: Alla0213042
MICR Code: 243010009
Address: Pilibhit Bypass Road, Near Ashok Nagar, Infront Of R C Bajaj, Bareilly,243001, Up
City: Moradabad
District: Moradabad
State: Uttar 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 243010009.

  • In this case first three codes 243 is city code and it represents city Moradabad.
  • Next three characters 010 represents bank Allahabad Bank.
  • Remaining characters which are 009 represents branch. In our case branch is located at address Pilibhit Bypass Road, Near Ashok Nagar, Infront Of R C Bajaj, Bareilly,243001, Up.

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.