Andhra Bank Banarpal Angul Orissa MICR CODE

Find MICR Codes for Andhra Bank Banarpal Angul Orissa

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MICR Code	759011503
Bank	Andhra Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kumanda
Contact	9861592226
Bank Details	Andhra Bank Kumanda ANDB0001939

Location	Banarpal, Angul
City	Banarpal
District	Angul
State	Orissa
Pincode	759143
Country	IN
Address	At/po kumanda, via-hakimpada, angul dist , orissa - 759143

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 759011503 for Kumanda 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 759011503 of Andhra Bank, Kumanda branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Kumanda 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 -

>>Kumanda

MICR code for Andhra Bank Kumanda

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 Kumanda 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. 759011503 is the MICR code of Andhra Bank for Kumanda branch. MICR code for Kumanda 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 Kumanda is presented in the table alongside.

Use of Andhra Bank MICR code for Kumanda branch in banarpal

The MICR code 759011503 is used in RBI cheque clearing process to identify the branch Kumanda 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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