Andhra Bank Palakol West Godavari Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Palakol West Godavari Andhra Pradesh

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MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Edla Bazar Palakol
Contact 9989107271
Bank Details Andhra Bank Edla Bazar Palakol ANDB0002753
Location Palakol, West Godavari
City Palakol
District West Godavari
State Andhra Pradesh
Pincode 534260
Country IN
Address D no 29 2 24,nearsubbarayudu temple,edla bazar,palakol,wg dt,andhra pradesh,534260
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 Edla Bazar Palakol 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, Edla Bazar Palakol branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Edla Bazar Palakol branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Andhra Bank are available with micr code -

>>Edla Bazar Palakol >>Lajapathiraipet (Eluru) >>Palakole

MICR code for Andhra Bank Edla Bazar Palakol

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 Edla Bazar Palakol 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 Edla Bazar Palakol branch. MICR code for Edla Bazar Palakol 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 Edla Bazar Palakol is presented in the table alongside.

Use of Andhra Bank MICR code for Edla Bazar Palakol branch in palakol

The MICR code 0 is used in RBI cheque clearing process to identify the branch Edla Bazar Palakol 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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