Andhra Bank Srikakulam Srikakulam Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Srikakulam Srikakulam Andhra Pradesh

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MICR Code	530011002
Bank	Andhra Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Balaga
Contact	08942-225855
Bank Details	Andhra Bank Balaga ANDB0001743

Location	Srikakulam, Srikakulam
City	Srikakulam
District	Srikakulam
State	Andhra Pradesh
Pincode	532148
Country	IN
Address	Andhra bank, dno. 01-05-134, balaga, palakonda road, srikakulam

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 530011002 for Balaga 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 530011002 of Andhra Bank, Balaga branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Balaga branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Andhra Bank are available with micr code -

>>Arasavalli >>Balaga >>District Collectorate >>Killipalem >>Seethampeta >>Venkatapuram >>Womens Branch >>Zonal Office Srikakulam

MICR code for Andhra Bank Balaga

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 Balaga 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. 530011002 is the MICR code of Andhra Bank for Balaga branch. MICR code for Balaga 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 Balaga is presented in the table alongside.

Use of Andhra Bank MICR code for Balaga branch in srikakulam

The MICR code 530011002 is used in RBI cheque clearing process to identify the branch Balaga 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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