Allahabad Bank had around 3245 branches in India as of March 31, 2018. During the fiscal year 2017-18, the bank did 3.8 trillion in total transactions. In June 2018, the bank’s market capitalization was $573 million, placing it at 1,882 on the Forbes Global 2000 list. A group of Europeans created Allahabad Bank on April 24, 1865.
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It had branches in Jhansi, Kanpur, Lucknow, Bareilly, Nainital, Calcutta, and Delhi by the nineteenth century. The equity shares of Allahabad Bank are traded on the Bombay Stock Exchange and the National Stock Exchange of India. As of March 31, 2013, the bank employed 22,557 people, with 3,293 of them being women (15%). Officers made up 51% of the overall workforce, clerks made up 30%, and subordinates made up the remaining 19%.
During the same fiscal year, the bank hired 1,950 people (1,421 officers, 390 clerks, and 139 support staff). The corporation spent $20 billion on employee benefits during the same fiscal year. During the fiscal year 2013-14, the business per employee was 13.50 million, with a net profit of 0.477 million.
Ans: Allahabad IFSC Code and MICR Code can be found in your bank checkbook. IFSC Code is also printed on the front page of your passbook. While MICR Code is written in the bottom of the cheque leaf, on the right side of the cheque number.Allahabad Bank: IFSC code
The Indian Financial System Code (or IFSC) is an 11-digit alpha-numeric code assigned by the Reserve Bank of India to identify every bank branch participating in the payment system uniquely. This code is used by electronic payment system applications such as RTGS, and NEFT. It is mandatory for fund transfers from one bank account to another. Every bank branch will have a unique code and no two branches (even of the same bank) will ever be the same.
In Allahabad Bank's 11-digit IFSC code, the first four letters will be 'ALLA', and the last 6 digits will represent a specific branch code. For example, the IFSC code of the Allahabad Bank branch on Rajlok, 24 Nehru Place, New Delhi 110019, is ALLA0210615. Here, 210615 is the branch code.
According to the bank's annual report for the financial year 2016-17, the bank had a total of 1,214 ATMs as on March 31, 2017 and 3,246 branches.
RTGS timings and charges
NEFT timings and charges