Andhra Bank Borigumma Koraput Orissa MICR CODE

Find MICR Codes for Andhra Bank Borigumma Koraput Orissa

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MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Borigumma
Contact
Bank Details Andhra Bank Borigumma ANDB0002508
Location Borigumma, Koraput
City Borigumma
District Koraput
State Orissa
Pincode 764056
Country IN
Address Santishi nagar, borigumma, koraput, odisha, 764056
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 Borigumma 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, Borigumma branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Borigumma 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 -

>>Borigumma

MICR code for Andhra Bank Borigumma

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 Borigumma 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 Borigumma branch. MICR code for Borigumma 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 Borigumma is presented in the table alongside.

Use of Andhra Bank MICR code for Borigumma branch in borigumma

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