Andhra Bank New Bombay Thane Maharashtra MICR CODE

Find MICR Codes for Andhra Bank New Bombay Thane Maharashtra

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MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Koperkhairane
Contact 27551319
Bank Details Andhra Bank Koperkhairane ANDB0002687
Location New Bombay, Thane
City New Bombay
District Thane
State Maharashtra
Pincode 400709
Country IN
Address Ground floor,miraj casa beavna,plot no 73,sector 17,koperkhairane,navi mumbai,400709
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 Koperkhairane 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, Koperkhairane branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Koperkhairane 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 -

>>Koperkhairane

MICR code for Andhra Bank Koperkhairane

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

Use of Andhra Bank MICR code for Koperkhairane branch in new bombay

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