Andhra Bank Hyderabad Hyderabad Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Hyderabad Hyderabad Andhra Pradesh

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MICR Code	505011009
Bank	Andhra Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bhagat Nagar
Contact	0878-2264116
Bank Details	Andhra Bank Bhagat Nagar ANDB0001591

Location	Hyderabad, Hyderabad
City	Hyderabad
District	Hyderabad
State	Andhra Pradesh
Pincode	500032
Country	IN
Address	Plot no 340 opp ambedk, stadiumb bhagat nagar

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 505011009 for Bhagat 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 505011009 of Andhra Bank, Bhagat Nagar branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Bhagat Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 29 branches of Andhra Bank are available with micr code -

>>Bachupalle >>Bandlagudem Rajendranagar >>Banjara Hills 2 >>Bhagat Nagar >>Chaitanya Vidyaniketan Ec Hyderabad >>Credit Card Division >>D M R L X Roads >>Eddumailaram >>Endowments Extn Counter Hyderabad >>Hastinapuram >>Indo American Cancer Instute And Research Cent >>Kphb Colony 9Th Phase >>M L A Colony >>Madhuranagar >>Maruthi Nagar >>Moosarambagh >>Overseas Cum Nri Branch Hyderabad >>Personal Banking Branch >>Pragathi Nagar >>Retail Credit Branch Hyderabad >>Ring Road(Karmanghat) >>Sangamitra High School Ec >>Service Centre Hyderabad >>Smecpc >>Specialized Nri >>Sri Chaitanya Junior College Ec Hyderabad >>St Anthonys High School Ec >>Zonal Office Hyderabad I >>Zonal Office Hyderabad Ii

MICR code for Andhra Bank Bhagat Nagar

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 Bhagat 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. 505011009 is the MICR code of Andhra Bank for Bhagat Nagar branch. MICR code for Bhagat 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 Bank Bhagat Nagar is presented in the table alongside.

Use of Andhra Bank MICR code for Bhagat Nagar branch in hyderabad

The MICR code 505011009 is used in RBI cheque clearing process to identify the branch Bhagat Nagar 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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