Andhra Bank Akshyanagar Bangalore Karnataka MICR CODE

Find MICR Codes for Andhra Bank Akshyanagar Bangalore Karnataka

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MICR Code	-NA-
Bank	Andhra Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Akshyanagar
Contact	Applied
Bank Details	Andhra Bank Akshyanagar ANDB0002075

Location	Akshyanagar, Bangalore
City	Akshyanagar
District	Bangalore
State	Karnataka
Pincode	560016
Country	IN
Address	No.35, dlf new township, akshyanagar, nayanahalli, begur hoblie, bangalore south, karnataka

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 0 for Akshyanagar 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 0 of Andhra Bank, Akshyanagar branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Akshyanagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Andhra Bank are available with micr code -

>>Akshyanagar

MICR code for Andhra Bank Akshyanagar

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 Akshyanagar 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. 0 is the MICR code of Andhra Bank for Akshyanagar branch. MICR code for Akshyanagar 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 Akshyanagar is presented in the table alongside.

Use of Andhra Bank MICR code for Akshyanagar branch in akshyanagar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Akshyanagar 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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