Andhra Bank Thane Thane Maharashtra MICR CODE

Find MICR Codes for Andhra Bank Thane Thane Maharashtra

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MICR Code	400011020
Bank	Andhra Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ghodbunder Road
Contact	Shailaja Rane - 022-25862056
Bank Details	Andhra Bank Ghodbunder Road ANDB0001237

Location	Thane, Thane
City	Thane
District	Thane
State	Maharashtra
Pincode	400607
Country	IN
Address	G-2, tiffany, hiranandani estate, ghodbunder raod, tahne (w) 400 607

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 400011020 for Ghodbunder Road 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 400011020 of Andhra Bank, Ghodbunder Road branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Ghodbunder Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Andhra Bank are available with micr code -

>>Cbd Belapur >>Diva >>Ghodbunder Road >>Kasar Vadavali >>Manpada >>Thane (West) >>Vartak Nagar >>Vile Parle

MICR code for Andhra Bank Ghodbunder Road

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 Ghodbunder Road 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. 400011020 is the MICR code of Andhra Bank for Ghodbunder Road branch. MICR code for Ghodbunder Road 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 Ghodbunder Road is presented in the table alongside.

Use of Andhra Bank MICR code for Ghodbunder Road branch in thane

The MICR code 400011020 is used in RBI cheque clearing process to identify the branch Ghodbunder Road 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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