Andhra Bank Gotegaon Narsimhapur Madhya Pradesh MICR CODE

Find MICR Codes for Andhra Bank Gotegaon Narsimhapur Madhya Pradesh

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MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gotegaon
Contact 283939
Bank Details Andhra Bank Gotegaon ANDB0002743
Location Gotegaon, Narsimhapur
City Gotegaon
District Narsimhapur
State Madhya Pradesh
Pincode 487118
Country IN
Address Rudra ward,station road,narsinghpur dist,madhya pradesh,487118
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 Gotegaon 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, Gotegaon branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Gotegaon 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 -

>>Gotegaon

MICR code for Andhra Bank Gotegaon

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

Use of Andhra Bank MICR code for Gotegaon branch in gotegaon

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