Andhra Bank Hyderabad Hyderabad Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Hyderabad Hyderabad Andhra Pradesh

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MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch D M R L X Roads
Contact 040 23467810
Bank Details Andhra Bank D M R L X Roads ANDB0001592
Location Hyderabad, Hyderabad
City Hyderabad
District Hyderabad
State Andhra Pradesh
Pincode 500059
Country IN
Address Dmrl x roads, h no 1-5-266, plot no 32, survey no 77, near maruti nagar, hyderabad 500 059
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 500011146 for D M R L X Roads 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 500011146 of Andhra Bank, D M R L X Roads branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for D M R L X Roads branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Andhra Bank D M R L X Roads

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 D M R L X Roads 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. 500011146 is the MICR code of Andhra Bank for D M R L X Roads branch. MICR code for D M R L X Roads 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 D M R L X Roads is presented in the table alongside.

Use of Andhra Bank MICR code for D M R L X Roads branch in hyderabad

The MICR code 500011146 is used in RBI cheque clearing process to identify the branch D M R L X Roads 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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