Andhra Pradesh Co-Op Bank Nellore Nellore Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Pradesh Co-Op Bank Nellore Nellore Andhra Pradesh

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MICR Code
Bank The Andhra Pradesh State Co-op Bank Ltd.
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rammurthy Nagar
Contact 2328221
Bank Details The Andhra Pradesh State Co-op Bank Ltd. Rammurthy Nagar APBL0009020
Location Nellore, Nellore
City Nellore
District Nellore
State Andhra Pradesh
Pincode 524002
Country IN
Address D no 16 3 614 mimi byepass road rammuthy nagar nellore 524002
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 524841006 for Rammurthy Nagar branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 524841006 of Andhra Pradesh State Co-Op Bank, Rammurthy Nagar branch makes the system almost error free and faster. Use of Andhra Pradesh State Co-Op Bank MICR codes for Rammurthy Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of The Andhra Pradesh State Co-op Bank Ltd. are available with micr code -

>>Allur >>Rammurthy Nagar

MICR code for Andhra Pradesh Co-Op Bank Rammurthy Nagar

Andhra Pradesh Co-Op Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Andhra Pradesh State Co-Op Bank MICR code for Rammurthy Nagar is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 524841006 is the MICR code of Andhra Pradesh State Bank for Rammurthy Nagar branch. MICR code for Rammurthy Nagar branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Andhra Pradesh State Co-Op Bank Rammurthy Nagar is presented in the table alongside.

Use of Andhra Pradesh State Co-Op Bank MICR code for Rammurthy Nagar branch in nellore

The MICR code 524841006 is used in RBI cheque clearing process to identify the branch Rammurthy Nagar and Andhra Pradesh State Co-Op Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Andhra Pradesh State Bank is typically in either of these two font’s: E-138 and CMC-7.

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