Andhra Bank Chandigarh Chandigarh Punjab MICR CODE

Find MICR Codes for Andhra Bank Chandigarh Chandigarh Punjab

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MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Retail Loan Express Centre
Contact 1722710211
Bank Details Andhra Bank Retail Loan Express Centre ANDB0003050
Location Chandigarh, Chandigarh
City Chandigarh
District Chandigarh
State Punjab
Pincode 160017
Country IN
Address First floor hotel++++shivalik view sec 17,160017++++
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.

Search Andhra Bank MICR Codes in chandigarh

You can search through MICR Codes of Punjab branches in chandigarh of District chandigarh in Punjab State by using the search box or you can browse through the table using the conrols at the bottom.

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

>>Retail Loan Express Centre

How to find MICR codes for Andhra Bank in chandigarh?

Andhra Bank chandigarh MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Andhra Bank MICR codes list for chandigarh, one can further search by branch name specified in the table. You can find MICR codes for all Andhra Bank chandigarh branches.

Andhra Bank MICR code in chandigarh

Andhra Bank MICR code is a character recognition technology used by banks in the processing of cheques. Andhra Bank MICR code for chandigarh branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Andhra Bank branches in chandigarh, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Andhra Bank MICR code for chandigarh branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Andhra Bank chandigarh branch, sprinted 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. Thus MICR code for Andhra Bank chandigarh branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Andhra Bank MICR codes for chandigarh branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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