Andhra Bank Atmakur Nellore Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Atmakur Nellore Andhra Pradesh

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MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kollapanaidupally
Contact 228668
Bank Details Andhra Bank Kollapanaidupally ANDB0002747
Location Atmakur, Nellore
City Atmakur
District Nellore
State Andhra Pradesh
Pincode 524342
Country IN
Address H no 347,kollapanaidupally,nernur panchayat,chejarla mandal,nellore dist,524342
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 524011544 for Kollapanaidupally 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 524011544 of Andhra Bank, Kollapanaidupally branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Kollapanaidupally 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 -

>>Kollapanaidupally

MICR code for Andhra Bank Kollapanaidupally

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 Kollapanaidupally 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. 524011544 is the MICR code of Andhra Bank for Kollapanaidupally branch. MICR code for Kollapanaidupally 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 Kollapanaidupally is presented in the table alongside.

Use of Andhra Bank MICR code for Kollapanaidupally branch in atmakur

The MICR code 524011544 is used in RBI cheque clearing process to identify the branch Kollapanaidupally 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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