Andhra Bank Gudivada Krishna Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Gudivada Krishna Andhra Pradesh

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MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ktr Womens College Ec
Contact 08674-245935
Bank Details Andhra Bank Ktr Womens College Ec ANDB0001542
Location Gudivada, Krishna
City Gudivada
District Krishna
State Andhra Pradesh
Pincode 521301
Country IN
Address Pamarru road,gudivada, krishna dist
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 507011543 for Ktr Womens College Ec 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 507011543 of Andhra Bank, Ktr Womens College Ec branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Ktr Womens College Ec branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Andhra Bank are available with micr code -

>>Ktr Womens College Ec >>Valivarthipadu

MICR code for Andhra Bank Ktr Womens College Ec

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 Ktr Womens College Ec 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. 507011543 is the MICR code of Andhra Bank for Ktr Womens College Ec branch. MICR code for Ktr Womens College Ec 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 Ktr Womens College Ec is presented in the table alongside.

Use of Andhra Bank MICR code for Ktr Womens College Ec branch in gudivada

The MICR code 507011543 is used in RBI cheque clearing process to identify the branch Ktr Womens College Ec 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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