Andhra Bank Guntur Guntur Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Guntur Guntur Andhra Pradesh

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MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch A T Agraharam
Contact 0863-2320519
Bank Details Andhra Bank A T Agraharam ANDB0001569
Location Guntur, Guntur
City Guntur
District Guntur
State Andhra Pradesh
Pincode 522004
Country IN
Address Sriramnagar, main raod, 6th lane,at agraharam, guntur - 522004
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 520011123 for A T Agraharam 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 520011123 of Andhra Bank, A T Agraharam branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for A T Agraharam branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Andhra Bank A T Agraharam

Andhra Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Andhra Bank MICR code for A T Agraharam 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. 520011123 is the MICR code of Andhra Bank for A T Agraharam branch. MICR code for A T Agraharam 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 Bank A T Agraharam is presented in the table alongside.

Use of Andhra Bank MICR code for A T Agraharam branch in guntur

The MICR code 520011123 is used in RBI cheque clearing process to identify the branch A T Agraharam and Andhra 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 Bank is typically in either of these two font’s: E-138 and CMC-7.

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